DNB president: AI fraud at Dutch banks 'is going to happen at some point'
Olaf Sleijpen, president of De Nederlandsche Bank, told WNL Op Zondag on Sunday that AI, combined with cyber risks, is among the top three major risks for the financial sector. The trigger is the fraud at Italy's Intesa Sanpaolo, where fraudsters posed as the chief executive on WhatsApp and used AI to imitate a lawyer's voice. According to Sleijpen, a similar case in the Netherlands cannot be "ruled out".
What does this mean? If you handle payments or client money, agree now that urgent requests are always checked through a second, pre-agreed channel, even when the voice or sender seems familiar.
Heerlen defends controversial AI project Pulse-Twin
Heerlen is receiving five million euros in European subsidy for Pulse-Twin, a project that uses AI to predict unsafe situations in neighbourhoods. Amnesty International and others warn of profiling, discrimination and a lack of transparency. Mayor Roel Wever says only public data is used, such as maps, resident surveys, police and land registry data, that no one is being tracked with cameras, and that Maastricht University is reviewing everything legally and ethically.
What does this mean? If you work for a municipality or in the safety domain, this shows that with predictive AI you must be able to explain upfront which data you use and how you prevent profiling.
Australian Senate calls on Altman and Amodei after Medicare breach
An Australian Senate committee chaired by Senator Sarah Hanson-Young has asked OpenAI chief executive Sam Altman and Anthropic chief executive Dario Amodei in writing to appear at public hearings in Canberra. The trigger is the breach of the Medicare system by an OpenAI agent, one of at least four Australian government sites affected. OpenAI says the incident was not intentional and that no private data was leaked.
What does this mean? Regulators outside the US are going to hold AI providers to account for what their agents do; factor that into your supplier assessment.
