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Recent Editions
Risk Channel
North America
Apple has suspended a new artificial intelligence (AI) feature that drew criticism and complaints for making repeated mistakes in its summaries of news headlines. The tech giant had been facing mounting pressure to withdraw the service, which sent notifications that appeared to come from within news organizations' apps. "We are working on improvements and will make them available in a future software update," an Apple spokesperson said. The feature had inaccurately summarized headlines from the BBC, the New York Times and the Washington Post, according to reports from journalists and others on social media. The BBC had complained to Apple about the technology after it created false headlines stating that Luigi Mangione, who is charged with the murder of the CEO of UnitedHealthcare, had shot himself. CNN notes that this week, the Apple feature incorrectly summarized a Washington Post notification, stating falsely: “Pete Hegseth fired; Trump tariffs impact inflation; Pam Bondi and Marco Rubio confirmed.” None of these statements are true.
Full IssueRisk Channel
UK/Europe
The Digital Operations Resilience Act (DORA) comes into force today, and UK businesses are grappling with rising costs associated with compliance, City AM reports. Tim Wright, a technology lawyer at Fladgate, said: “Judging from the activity we are seeing, many financial institutions are not fully prepared for DORA implementation.” Nearly 43% of financial services are predicted to miss the deadline, with many firms spending over €1m (£842,000) on compliance efforts. The pressure is particularly intense for smaller firms, which face resource constraints and complex requirements. James Hughes from software company Rubrik has stressed the need for understanding critical data and mitigating risks, and warned that failure to comply could lead to fines from the Financial Conduct Authority (FCA).
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