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Why Your Organization Should Be Thinking About Quantum Computing and the Future of Encryption

Quantum computing (QC) is poised to disrupt cybersecurity in ways that business leaders and legal professionals cannot afford to ignore. But what exactly is quantum computing, why does it pose such a significant threat to...more

California’s AI Laws Are Here—Is Your Business Ready?

California leads the way with new AI laws promoting transparency, privacy and ethical practices across various industries. January 1, 2025, marked the start of a series of significant AI laws going into effect in California....more

Regulators Zero In on AI

As previously discussed, financial services regulators are increasingly focused on how businesses use artificial intelligence (AI) and machine learning (ML) in underwriting and pricing consumer finance products. Although...more

The Fed May Increase Cybersecurity Standards for Large Financial Institutions and their Service Providers

The Board of Governors of the Federal Reserve System has recently indicated it may move forward with enhanced cybersecurity standards that had previously been floated by the Board, the Office of the Comptroller of the...more

Managing Risk in Light of the Wipro Data Breach

In light of a recent Wipro data breach, Wipro’s customers should move quickly to take operational and contractual precautions to help minimize the breach’s potential effects on their organizations. Wipro, the India-based...more

The Deadline Looms for New York Cybersecurity Regulations Vendor Compliance Requirements

Financial institutions regulated by the New York Department of Financial Services (DFS)—referred to in this post as “Covered Entities”—should by now be well familiar with the department’s sweeping cybersecurity regulation, 23...more

Following a Regulatory Trend, CFTC Inches towards Cybersecurity Testing Requirement

Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad has recently stated that the CFTC may soon issue principles based standards that would require certain CFTC-regulated entities to conduct penetration,...more

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