MSSP Zyston Acquires Blue Lava
MSSP Alert – D. Howard Kass
The EU is likely to be the first region to enact some form of oversight or regulation around generative AI.
The European Commission, made up of about two dozen countries, is in late-stage negotiations over the AI Act, which it dubbed “the world’s first rules on AI.” The expectation is for a final version of the AI Act to be agreed on this year, meaning it would go into effect in late 2025.
The EU draft regulation was updated this year.
The act’s biggest push is to categorize AI models and tools that are “high” risk or simply “unacceptable.” AI that falls under the high-risk category includes tools for biometric identification, education, worker management, the legal system, and law enforcement, along with any tool that would need to be “assessed” and approved before release.
The US is behind the EU when it comes to regulating AI.
Last month, the White House said it was “developing an executive order” on the technology and would pursue “bipartisan regulation.” While the White House has been actively seeking advice from industry experts, the Senate has convened one hearing and one closed-door “AI forum” with leaders from major tech companies.
Neither event resulted in much action, despite Mark Zuckerberg being confronted during the forum with the fact that Meta’s Llama 2 model gave a detailed guide for making anthrax.
Still, American lawmakers say they’re committed to some form of AI regulation.
The UK, meanwhile, wants to become an “AI superpower,” a March paper from its Department for Science, Innovation and Technology said.
While the government body has created a “regulatory sandbox for AI,” the UK has no immediate intention of introducing any legislation to oversee it.
Instead, it intends to assess AI as it progresses.
“By rushing to legislate too early, we would risk placing undue burdens on businesses,” Michelle Donelan, the secretary of state for science, innovation, and technology, said. “As the technology evolves, our regulatory approach may also need to adjust.”
In a draft-legislation update earlier this year, Brazil looked to take a similar approach to the EU in categorizing AI tools and uses by “high” or “excessive” risk and to ban those found to be in the latter category.
The proposed law was described by the tech-advisory firm Access Partnership as having a “robust human rights” focus, while outlining a “strict liability regime.” With the legislation, Brazil would hold creators of an LLM liable for harm caused by any AI system deemed high risk.
However, it’s China where some of the only new regulations on AI have been enacted.
Despite that nation’s widespread usage of tech such as facial recognition for government surveillance, China in the past two years has enacted rules on recommendation algorithms, a core use case for AI, and the following year further rules on “deep synthesis” tech, better known as “deep fakes.” Now it’s looking to regulate generative AI.
One of the most notable rules proposed in draft legislation would mandate that any LLM, and its training data, be “true and accurate.”
Terms of the deal were not disclosed.
This is technology M&A deal number 278 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.
CyberCast is Zyston’s proprietary security management system based on its program management methodology.
The technology is intended to aid security and risk leaders to assess and manage the performance of cybersecurity programs using a risk-based, outcome-driven approach, company officials said.
It also aims to help organizations quantify the impact and effectiveness of their security investments while identifying gaps in security performance.
Link: https://www.msspalert.com/news/zyston-an-mssp-acquires-blue-lava-for-security-performance-management-platform?nbd=hwLICoAB1_eZHpRdqkQ_&nbd_source=mrkto