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Also in the news this week performance needs to improve at Boeing, 100m people affected by UnitedHealth data breach, Intel wins big in the EU courts and a hefty fine for LinkedIn.
The fines totalled over $115m – with one firm dodging the bullet but still finding sympathy from two dissenting commissioners.
Failure to prevent being used as a conduit for laundering money – despite its investment in AML technology – could see the bank fined $4 billion.
Regulation could be the means to assuage worries about where AI could take us – but how we regulate is still the cause of much debate.
The potential size of the fine means that the bank will partially offset it by sale of Schwab shares.
Ticketmaster Canada holds personal information on millions of Canadians.
How the US, EU, UK and Japan are looking to fund innovation, make new policies and set regulation to improve the quality of carbon markets.
The mass data breach of the infamous Ashley Madison website offers insight into data privacy and cybersecurity.