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In today’s ever-evolving cyber threat landscape, maintaining robust cybersecurity isn’t just a regulatory requirement—it’s a business imperative, and there are multiple avenues organizations can take to do so.

Even as AI systems become more advanced and enmeshed in daily operations, concerns regarding whether large language models (LLMs) are generating accurate and true information remain paramount throughout the business landscape. Unfortunately, the potential for AI to generate false or misleading information—often referred to as AI “hallucinations”—is very real, and though the possibility poses some significant cybersecurity challenges, there are ways organizations deploying this technology can mitigate the risks.

As threats continue to evolve and grow more creative and sophisticated, cybersecurity remains a paramount concern of organizations everywhere. But these days, it’s not enough to implement the necessary data to protect the data in your systems—more and more, bad actors are targeting third-party providers as a backdoor into their greater supply chains, making third-party risk management (TPRM) more important than ever.

Artificial intelligence (AI)—you’ve heard of it, you’re likely using it, and you know it’s already used everywhere and its reach will only likely increase. These days, the term "AI" is thrown around frequently, but because this technology is actually made up of many different subsets that generally all get thrown under the umbrella of AI, it can sometimes lead to confusion.

Generally, with new cybersecurity regulations, organizations affected are provided a “grace period” to make the necessary adjustments to achieve full compliance before enforcement begins. Looking toward the horizon and 2025, many new laws will be coming into full effect, which means organizations will now likely be subject to various penalties if they’re not ready and haven’t satisfied all relevant requirements.

As EU member states transpose the NIS 2 Directive into their national laws by October 17, 2024, organizations under its purview must also ensure they’re ready to fully comply with the new cybersecurity regulations. Penalties for non-compliance will include significant fines, so if you haven’t started on any necessary implementations, now is the time.

As new cybersecurity legislation continues to roll out across the globe, Hong Kong is set to introduce its Protection of Critical Infrastructure Bill—the first of its kind for the region and a significant step in its efforts to strengthen its cyber resilience. Being such a milestone, it’s important that the critical infrastructure operators (CIOs) under the Bill’s purview understand its mandates regarding risk assessments, incident reporting, and preventative measures.

As cyber threats continue to grow more complex and difficult to defend against, regulatory cybersecurity requirements are becoming increasingly stringent—the Digital Operational Resilience Act (DORA) is the latest, and it demands your attention. The law comes into full effect in just a few short months—January 2025—and an independent assessment could help ensure you achieve full compliance in time.