In the chaos following a cyberattack, forensic reports are often pulled together under intense pressure and can assist companies in responding to and remediating the incident. However, if you're not careful, these reports...more
5/20/2025
/ Attorney-Client Privilege ,
Class Action ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Discovery ,
e-Discovery ,
Evidence ,
Forensic Examination ,
Litigation Strategies ,
Risk Management
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
In today's fast-paced digital world, businesses often seek to access a global pool of skilled professionals by turning to remote talent to fill gaps in their IT needs. Although this practice has many advantages, it also...more
12/20/2024
/ Background Checks ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Data Protection ,
Employer Liability Issues ,
Hiring & Firing ,
Information Technology ,
Non-Disclosure Agreement ,
North Korea ,
Remote Working ,
Risk Management
The conclusion of Cybersecurity Awareness Month is a reminder of the importance for organizations to implement robust security measures and promote good cyber hygiene. As we noted in our State of the Cyber Landscape webinar,...more
11/6/2024
/ Best Practices ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Cybersecurity Framework ,
Data Privacy ,
Data Protection ,
Data Security ,
Incident Response Plans ,
Risk Assessment ,
Risk Management
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
In this era of big data, smart devices, and constant connectivity, the clock's already ticking on your next data breach – it's just a matter of time. For companies of all sizes and across every industry, the stakes have never...more
October is here, and as we prepare for pumpkin spice lattes, fall sweaters, and scary decorations, there's one thing your business can't afford to ignore this month: cybersecurity. Welcome to Hack-tober, or as it's officially...more
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
On May 31, 2023, renowned managed file transfer solution provider Ipswitch, Inc. revealed a zero-day vulnerability in its flagship solution, MOVEit Transfer, that can enable mass data theft from thousands of organizations....more
The Securities and Exchange Commission (SEC) continued its focus on cybersecurity regulations this month by announcing three new proposed rules and re-opening the comment period on an additional proposed rule from last year....more
As organizations in the financial sector continue to migrate IT and business services to the cloud and adopt other cloud offerings, it is important that financial institutions understand the risks associated with each. A U.S....more
On multiple fronts, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) continue to increase their focus on cybersecurity. This is understandable as headlines of recent...more
The New York Department of Financial Services (NYDFS) has become a frequent topic of these alerts. In recent weeks we have covered multiple actions from the regulator, including its first enforcement action, its SolarWinds...more
On April 30, 2010, the Federal Financial Institutions Council (FFIEC) issued Guidance on the use of cloud computing services and security risk management principles in the financial services sector. The Guidance reminds...more
On March 31, 2016, the Office of the Comptroller of the Currency (OCC) issued a white paper on the growing intersection between financial services and technology. The OCC stated that "[w]hile banks continue to innovate, rapid...more