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February 23, 2024 | Media Mentions | Information Week

International Operation Hits Major Ransomware Player LockBit

Law enforcement agencies in the U.S., U.K., and other countries came together to take down the most active ransomware group in the world, LockBit. What will the long-term effect be? Matthew Corwin explains in Information Week “It’s going to depend on a few different factors, including the resilience of their infrastructure, the ability of their leadership to regroup, the effectiveness of law enforcement potentially tracking and prosecuting those individuals.”… Read More

February 21, 2024 | Media Mentions | American Banker

The LockBit takedown is a victory, but it may be fleeting

Law enforcement agencies in the U.S., U.K., and Europe have disrupted the operations of the ransomware group LockBit, leading to arrests and seizure of assets. While this brings temporary relief to victims, experts doubt long-term benefits. Matt Corwin highlights, “This leads to competition for affiliates among the ransomware groups, so the disruption of LockBit creates a vacuum that other groups may look to fill.” Despite takedowns, ransomware remains a lucrative industry, with groups reemerging under new names. Ultimately, there’s a … Read More

January 26, 2024 | Media Mentions | Happy Future Ai

What is the Impact of the EU’S AI Act? (Roundtable Interview)

The EU’s AI Act, passed in December 2023, marks a significant milestone in AI regulation, aiming to ensure safety, trustworthiness, and respect for fundamental rights. Key provisions include classifying AI based on risk, prohibiting harmful AI practices, mandating transparency and explainability, and safeguarding against bias and discrimination. The Act is set to be formally adopted and enforced between 2024 and 2027, allowing businesses time to comply. Julie Myers Wood shares her expertise on how to be prepared. “We recommend that … Read More

December 21, 2023 | Media Mentions | Corporate Compliance Insights

A Look Back: Top Stories of 2023

Corporate Compliance Insights’ editors and industry experts comprised the top regulatory, corporate integrity and risk management stories of 2023. The piece title, “A Look Back: Top Stories of 2023 – AI, ESG & the other acronyms that matter in compliance, risk and governance,” features Julie Myers Wood on EU taking the first major step toward comprehensive AI regulation in 2023. “Despite the fanfare, many provisions of the act won’t go into effect for two years … leaving plenty of time … Read More