In December 2022, the Council of the European Union (Council) adopted its common position (Common Position) on the Artificial Intelligence Act (AI Act). The Council's action marks.
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On May 8, 2021, Colonial Pipeline had to shut down a 5,500-mile
fuel pipeline from Texas to New Jersey after its network
experienced a ransomware attack. This attack follows a long list of
other, recent high-profile cyber attacks in recent months. As cyber
experts and officials have noted, cybercrime has been dramatically
increasing since the SolarWinds attack, targeting critical
infrastructure such as hospitals, manufacturers, and government
entities. Companies are often hesitant to disclose information
about security incidents, frequently making it difficult to gauge
the timeframe and scope of a cyberattack and making it even more