Preparing for a new regulation: Applying GDPR lessons prepare businesses for the EU AI Act [Sponsored by OneTrust]

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As we approach the sixth anniversary of GDPR on May 25th, professionals in risk, privacy, and technology eagerly await the implementation of the EU AI Act, set to become the first global framework regulating AI usage. While GDPR aimed to harmonise EU laws, the AI Act addresses the burgeoning AI landscape, seeking to regulate its development and utilisation in Europe. Businesses now turn to risk and privacy professionals to navigate this new regulatory landscape, leveraging their expertise from prior regulatory implementations. With GDPR, businesses had two years to integrate this impactful regulation into their privacy management programs on a global scale. Now, the countdown begins for the AI Act, requiring businesses to apply its provisions to their AI programs, including AI Impact assessments, risk measurement, and understanding third-party AI usage within the next two years. In this session, the panel will discuss:

• The relationship between GDPR and the AI Act: Key legal differentiators and similarities
• Best practices for preparing for the imminent AI Act
• Strategies to promote responsible AI use and development within your organisation