This week, our team had the chance to attend the Risk London Conference 2024, and we’re excited to share what we learned! The event brought together some of the biggest names in RegTech, cybersecurity, data privacy and AI, giving us a front-row seat to the latest trends and challenges facing industries today.
Top Highlights From Risk London 2024
Data Protection and Privacy
Sessions on data privacy emphasised the growing complexity of compliance in the digital space. For us, the takeaway was clear: helping clients build trust through transparent data practices and compliance with national and international laws is now critical. Compliance with GDPR and other related legislation is something we take very seriously in our work of developing websites and other digital solutions.
AI Regulation and Legal Updates
Experts highlighted how the upcoming AI Act will regulate the use of AI across industries, focusing on transparency, accountability and ethical AI use. For our agency, this means adopting new standards when developing AI-driven solutions for our clients. Regulatory pressure is intensifying, requiring businesses to demonstrate responsible AI use, and we were keen to learn how to ensure compliance with the incoming laws, regulations and guidelines.
Digital Operational Resilience Act (DORA)
One of the discussed topics was the Digital Operational Resilience Act (DORA), which will come into effect in January 2025 and require financial institutions to prove their operational resilience against cyber threats. The panel session covered the implications of DORA, best practices and potential challenges. We are paying close attention to how these regulations will impact our clients, particularly those in the financial services sector.
What This Means for Us
Attending Risk London 2024 gave us plenty of food for thought and confirmed that digital risks are becoming more complex and interconnected. As a digital agency, this means doubling down on our efforts to help clients stay safe and resilient online. We’re excited to take what we’ve learned and use it to keep driving value for our clients.
Stay tuned for more updates as we put these insights into action!
