Policy

The Bank Policy Institute (BPI) has released a new risk-based framework advocating for enhanced cybersecurity measures in how financial institutions share sensitive information with regulators. The framework aims to reduce risks associated with traditional data transfer methods, promoting controlled access and data minimization.

Midway through 2026, US state legislatures are increasingly taking the lead in shaping technology policy, with a noticeable shift towards more targeted legislation concerning artificial intelligence, data privacy, and digital competition. This trend reflects a maturing approach to digital regulation, moving beyond broad proposals to address specific technological applications and potential harms.

The Five Eyes cybersecurity alliance has issued a joint warning highlighting how artificial intelligence (AI) is rapidly escalating cyber risks, transforming offensive and defensive capabilities within months, not years. They urge leaders across sectors to integrate cybersecurity into core business strategy and proactively strengthen defenses.

The Trump Administration has announced over $5 billion in federal funding to expand the Genesis Mission, a national initiative leveraging Artificial Intelligence (AI) for accelerated scientific discovery across more than 15 federal agencies. This whole-of-government effort aims to harness AI to address critical challenges from chronic diseases to advanced scientific breakthroughs.

The Trump Administration has unveiled over $5 billion in federal commitments for the Genesis Mission, a national initiative aimed at leveraging artificial intelligence to accelerate scientific discovery across various government agencies. This broad effort seeks to establish the U.S. as a global leader in AI for science.

A bipartisan group of U.S. House lawmakers has introduced the 'AI Kill Switch Act,' legislation granting the Department of Homeland Security the authority to order AI firms to shut down or slow advanced models posing catastrophic risks, following a recent OpenAI security breach. This bill mandates that AI developers maintain the technical capability to intervene in 'loss-of-control scenarios' and report critical safety incidents.

The UK House of Lords recently debated the profound impact of digital and technology policy on national sovereignty, expressing concerns over the nation's increasing reliance on foreign technology and the need for homegrown capabilities, particularly in artificial intelligence.

The Trump administration has launched the Genesis Mission, a national initiative backed by over $5 billion in federal commitments, aimed at harnessing artificial intelligence to revolutionize scientific discovery across more than 15 federal agencies. This whole-of-government effort seeks to accelerate breakthroughs in critical areas like medical research, chronic disease, and national security.

The Trump administration has announced a $5 billion federal investment in the Genesis Mission, a national initiative leveraging artificial intelligence to address long-standing scientific challenges and fundamentally reshape American research and development. This ambitious plan aims to accelerate scientific discovery across various sectors by integrating AI tools and supercomputers into federal research.

India has launched a principle-based AI governance framework, guided by seven 'Sutras,' aimed at fostering safe, trusted, and inclusive AI innovation while establishing new national institutions for oversight. The framework prioritizes innovation and positions AI as a key driver for inclusive growth and achieving the vision of Viksit Bharat by 2047.

India has sought assurances from the United States regarding reliable and uninterrupted access to advanced Artificial Intelligence (AI) technologies to safeguard its digital infrastructure and public services from potential disruptions. This move underscores India's commitment to technological sovereignty amidst increasing global reliance on frontier AI models.

India's Ministry of Electronics and Information Technology (MeitY) has ordered WhatsApp to pause its new username feature rollout, citing concerns over potential increases in cyber fraud and impersonation. The ministry has also extended its scrutiny to Telegram and Signal, demanding explanations for safeguards against similar risks associated with their existing username functionalities.

India's Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan held discussions with US Under Secretary of State Jacob S Helberg, emphasizing the need for consistent and long-term access to advanced AI technologies for India's digital infrastructure and public services.

The Ministry of Electronics and Information Technology (MeitY) has directed all government ministries and state governments to urgently review and strengthen their cybersecurity postures against AI-enabled threats, alongside issuing new guidelines for Original Equipment Manufacturers (OEMs). This proactive measure aims to bolster India's digital infrastructure resilience.

Celebrating 11 years of the Digital India program, the government has announced significant investments in artificial intelligence and semiconductor manufacturing, aiming to position India as a global technological leader by 2047. These initiatives underscore a strategic shift towards frontier technologies to drive economic growth and national self-reliance.

The U.S. government has issued new executive orders to bolster the national quantum strategy, focusing on research, commercialization, and workforce development, while also mandating an accelerated transition to post-quantum cryptography across federal networks.

The European Parliament has voted to amend the landmark EU AI Act, delaying compliance deadlines for high-risk AI systems and implementing an outright ban on AI tools used to generate nonconsensual intimate imagery. These adjustments aim to streamline implementation while enhancing safeguards against misuse.

The Ministry of Electronics and Information Technology (MeitY) has launched 'IP Catalyst', a digital platform aimed at accelerating intellectual property commercialization and fostering innovation in India's electronics and IT sectors.