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.

Back in March 2022, the Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) was signed into law as yet another regulation aiming to enhance federal cybersecurity by requiring critical infrastructure entities to report cyber incidents to the Cybersecurity and Infrastructure Security Agency (CISA). Two years later, on April 4, 2024, CISA published its proposed rule to codify CIRCIA’s specific mandates, which are expected to take effect in 2026.

Back in 2017, the New York State Department of Financial Services (NYDFS) took a significant step to enhance the cybersecurity defenses of financial institutions operating in New York by introducing the NYDFS Cybersecurity Regulation. Through its set of requirements—since amended in 2023—the Regulation aims to better safeguard the sensitive information processed through these organizations which must adhere to its mandates.

As technology continues to evolve and embed itself more into society, regulations to govern its use and protect consumers are struggling to keep up in parts of the world. But not so in the European Union (EU), where they’ve recently made progress on a wave of new cyber legislation—among those is the NIS 2 Directive.