This month, an interim report on artificial intelligence in the financial sector was published for public comment. The report was written by the Ministries of Justice and Treasury, the Competition Authority, the Securities...more
11/25/2024
/ Artificial Intelligence ,
Cybersecurity ,
Discrimination ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Fraud ,
Information Reports ,
Insurance Industry ,
Investment Adviser ,
Israel ,
Portfolio Managers ,
Risk Assessment ,
Risk Mitigation ,
Underwriting
The Israeli Privacy Protection Authority recently published a binding directive addressing the board of director’s responsibilities for the fulfillment of a company’s obligations prescribed in the Privacy Protection...more
The Knesset Constitution, Law, and Justice Committee has approved an amendment to the Israeli Privacy Protection Law (PPL). The amendment proposes extensive changes to the PPL, including granting additional enforcement powers...more
7/23/2024
/ Amended Legislation ,
Consent ,
Consumer Privacy Rights ,
Data Controller ,
Data Processors ,
Data Protection Authority ,
Enforcement ,
Israel ,
Notice Requirements ,
Personal Data ,
Privacy Laws ,
Registration Requirement ,
Sensitive Personal Information
During 2023, privacy protection and artificial intelligence regulation continued apace and their implications continued to be a major focus in Israel and around the world. In Israel, this was reflected in a number of...more
1/29/2024
/ Artificial Intelligence ,
Cyber Attacks ,
Data Privacy ,
Data Protection ,
Data Security ,
Employee Monitoring ,
Enforcement ,
EU ,
European Economic Area (EEA) ,
Facebook ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Israel ,
New Guidance ,
Privacy Framework ,
Privacy Laws ,
Regulatory Agenda ,
Regulatory Authority ,
Remote Working ,
Surveillance ,
TikTok ,
UK GDPR
Examining AI tools: Before deciding to purchase and implement AI tools in an organization, one must consider various aspects, including privacy issues, discrimination, copyright protection, and suppliers and contracts. The...more
The Regional Labor Court in Tel Aviv recently ruled that an employer that installed surveillance cameras in the workplace caused a tangible adverse change in its employee’s employment conditions. The employee resigned from...more
The Israel Police’s use of AI tools was criticized by the District Court recently, in light of the police’s claim that the AI system operates like a “black box” without human supervision or monitoring. The court ruling...more
Working from home requires heightened attention to compliance with privacy protection and data security laws. The basis for such compliance, inter alia, is the Israeli Privacy Protection Authority’s guidelines, “Emphases for...more
The Israeli Privacy Protection Authority recently published a draft directive regarding boards of directors’ role in fulfilling obligations pursuant to the Privacy Protection (Data Security) Regulations. The directive states...more