Displaying items by tag: regulation

A recent incident where ChatGPT users at Samsung unknowingly exposed sensitive data via ChatGPT has raised concerns in multiple industries. The banking and finance industry saw several companies put a stop on the use of ChatGPT and certain regulators began investigating how its use could leak PII, or other financial information. To combat this new obstacle to business adoption, Microsoft is looking to offer a private business model which would exclude user input from being used to train the LLM.

Although not a new story the recent revelations around the CFPB (Consumer Financial Protection Bureau) data breach are very important. This incident is one of those times when you can either learn an important lesson, or you can ignore it and walk into a much bigger shitshow. The outcome of this one is something that only time will tell, but it is not something that anyone should just ignore.