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A step towards safer, more transparent AI in Europe: what does Secury360 think?

June 14, 2023

In a landmark move, the European Parliament has officially approved the Artificial Intelligence Act, positioning Europe as the world’s first region to implement comprehensive regulations on AI technology. Secury360 CEO Frederick Jacobs shared his thoughts on this historic legislation and its potential impact on security and innovation.

Watch the VRT interview here.

A milestone in AI regulation

With the Artificial Intelligence Act, the European Union is sending a clear message: AI must be managed responsibly. This regulation is a significant step toward establishing a legal framework for AI, which is increasingly intertwined with daily life. Europe is not only setting a precedent but also encouraging other regions to follow suit with responsible AI governance.

Greater security and transparency

The primary objective of the AI Act is to ensure that artificial intelligence is both safe and transparent. The Act introduces strict standards for high-risk AI applications, including autonomous vehicles, facial recognition, and certain healthcare systems. These systems will undergo independent audits and must adhere to rigorous security requirements. Additionally, the Act mandates that users be informed when interacting with AI, promoting accountability and transparency.

Secury360’s perspective

As the CEO of Secury360, a company at the forefront of security and AI technology, Frederick Jacobs recognizes the critical need for responsible AI regulation. In his VRT News interview, Jacobs endorsed the establishment of clear guidelines, seeing them as crucial for managing AI-related risks and boosting consumer trust. He emphasized that companies must prioritize privacy and security to align with these new standards, ensuring that AI applications meet public and regulatory expectations.

Balancing regulation with innovation

While the AI Act aims to enhance security and transparency, it also affects the European AI industry’s ability to innovate. Striking a balance between regulation and technological advancement is essential to keep Europe competitive globally. Companies like Secury360 will play a key role in adhering to these new standards while pushing the boundaries of innovation and growth. By embracing these regulations, Secury360 continues its commitment to secure, responsible AI that drives progress without compromising trust or safety.

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