Colorado waded into the deep end of AI regulation last year with the Colorado AI Act (Senate Bill 24-205), a sweeping law designed to rein in the risks of artificial intelligence (AI) and automated decision systems (ADS)....more
2/13/2025
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Colorado ,
Consumer Protection Laws ,
Corporate Counsel ,
Data Privacy ,
Enforcement ,
Machine Learning ,
New Legislation ,
Regulatory Reform ,
Risk Management ,
State Legislatures ,
Technology Sector
The Securities and Exchange Commission (SEC) is increasing its scrutiny on artificial intelligence (AI)-related disclosures; therefore, companies must tread carefully as year-end reporting season approaches. Specifically,...more
California is making waves with its new AI law, Assembly Bill 2013 (AB 2013), set to take effect in 2026. This groundbreaking legislation (again) puts the state at the forefront of tech regulation by tackling one of AI's...more
12/4/2024
/ Algorithms ,
Artificial Intelligence ,
Bias ,
California ,
Copyright ,
Corporate Counsel ,
Cybersecurity ,
Data Management ,
Deep Fake ,
Innovative Technology ,
Machine Learning ,
New Legislation ,
Popular ,
Technology Sector ,
Transparency
The New York Department of Financial Services (NYDFS) issued new guidance (the Guidance) on October 16, 2024, to help state-regulated financial institutions mitigate the myriads of cybersecurity risks posed by artificial...more
10/22/2024
/ Artificial Intelligence ,
Corporate Counsel ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Data Management ,
Data Privacy ,
Financial Institutions ,
Financial Services Industry ,
Machine Learning ,
NYDFS ,
Risk Assessment ,
Risk Management
The financial services industry has seen a litany of new data privacy and cybersecurity challenges through the first half of 2024. Financial institutions are facing unprecedented compliance hurdles resulting from the...more
6/3/2024
/ Artificial Intelligence ,
Continuing Legal Education ,
Cyber Incident Reporting ,
Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Data Breach ,
Data Privacy ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Institutions ,
Financial Services Industry ,
Incident Response Plans ,
New Guidance ,
New Regulations ,
New Rules ,
Notice of Proposed Rulemaking (NOPR) ,
Notification Requirements ,
Regulation S-P ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
State Privacy Laws ,
Third-Party Risk ,
Webinars
In recognition of International Privacy Day on January 28, we wanted to share some insights on the top privacy and cybersecurity issues for the new year. Data privacy and cybersecurity will continue to be one of the most...more
1/29/2024
/ Artificial Intelligence ,
Compliance ,
Consumer Privacy Rights ,
Cyber Threats ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
Deep Fake ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Incident Response Plans ,
Personal Information ,
Policies and Procedures ,
Popular ,
Ransomware ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
State Privacy Laws ,
Supply Chain
Fraudulent activity in the financial industry is nothing new. The techniques employed by fraudsters have ranged from fake check fraud and credit card fraud to identity theft and financial account takeovers. For years,...more