As public companies work to align with the SEC’s new cybersecurity disclosure requirements, Commissioner Hester Peirce is urging a reassessment of how these rules are applied—particularly during active cyber incidents. In a...more
On March 13, 2025, a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit unanimously upheld the conviction of former Uber Chief Security Officer Joseph Sullivan. The ruling affirms Sullivan’s 2022 conviction...more
Last month, the New York State Department of Financial Services (“DFS”), which has broad regulatory powers over financial services-related entities and insurance companies operating in New York State, published guidance...more
11/6/2024
/ Artificial Intelligence ,
Covered Entities ,
Cybersecurity ,
Data Management ,
Financial Institutions ,
Financial Services Industry ,
New York ,
NYDFS ,
Risk Assessment ,
Social Engineering ,
Third-Party ,
Training ,
Unauthorized Access
The SEC kicked off its fiscal year by bringing enforcement actions focused on AI and cyber disclosures. As discussed in more detail below:
•These actions again show SEC Enforcement prioritizing “hot button” issues like AI...more
Patreon, a popular platform connecting creators with their fans, has recently agreed to a $7.2 million settlement to end a legal battle concerning the Video Privacy Protection Act (VPPA)....more
Like many organizations, Peloton is facing a legal challenge under the California Invasion of Privacy Act (CIPA) relating to the company’s alleged use of third-party technology on its website to intercept chat communications...more
8/6/2024
/ Aiding and Abetting ,
Artificial Intelligence ,
Bots ,
California ,
CIPA ,
Consumer Privacy Rights ,
Eavesdropping ,
Information Technology ,
Internet ,
Invasion of Privacy ,
Risk Management ,
Software ,
Statutory Violations ,
Websites ,
Wiretapping