News & Analysis as of

Data Management Artificial Intelligence Risk Assessment

McDermott Will & Emery

FDA Reveals AI Development Cheat Sheet in Highly Anticipated Draft Guidances

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Early in the new year, the US Food and Drug Administration (FDA) released two anticipated draft guidance documents focused on artificial intelligence (AI): Artificial Intelligence-Enabled Device Software Functions: Lifecycle...more

Hogan Lovells

New guidance on AI-enabled device software functions clarifies information FDA expects in marketing applications

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On January 7, 2024, the U.S. Food and Drug Administration (FDA) published the draft guidance “Artificial Intelligence-Enabled Device Software Functions: Lifecycle Management and Marketing Submission Recommendations,” which...more

King & Spalding

FDA Releases Draft Guidance on Submission Recommendations for AI-Enabled Device Software Functions

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On January 7, 2025, FDA published a draft guidance titled “Artificial Intelligence-Enabled Device Software Functions: Lifecycle Management and Marketing Submission Recommendations.” The draft guidance was long-anticipated; it...more

Alston & Bird

Department of Homeland Security Releases Recommended Framework for AI in Critical Infrastructure

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On November 14, 2024, the Department of Homeland Security (“DHS”) announced a set of voluntary recommendations called the “Roles and Responsibilities Framework for Artificial Intelligence in Critical Infrastructure”...more

Baker Botts L.L.P.

New York State Department of Financial Services Issues Guidance Concerning Cybersecurity Risks Posed by Artificial Intelligence

Baker Botts L.L.P. on

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

Paul Hastings LLP

NYDFS Issues AI Industry Letter

Paul Hastings LLP on

On October 16, 2024, the New York Department of Financial Services (NYDFS) issued an industry letter entitled “Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks” in response to...more

Husch Blackwell LLP

NYDFS Issues Guidance to Mitigate AI Cybersecurity Risks

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Keypoint: The New York Department of Financial Services (NYDFS) circulated an industry letter offering guidance to NYDFS “Covered Entities” for assessing and managing AI-related cybersecurity risks, including threats...more

Troutman Pepper Locke

New York Department of Financial Services Issues New Guidance on Cybersecurity Risks Arising from Artificial Intelligence

Troutman Pepper Locke on

On October 16, the New York State Department of Financial Services (NY DFS) issued an industry letter to entities regulated by NY DFS (covered entities) providing guidance addressing the cybersecurity risks associated with...more

Baker Donelson

New York DFS Releases AI Cybersecurity Guidance

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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

DLA Piper

Key Insights from the Tech Index 2024 Report

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This year, our DLA Piper Tech Index is global, and captures the views of an even wider cross section of organizations working in the technology space. The report itself contains fascinating and granular findings on a range of...more

K&L Gates LLP

Taiwan's National Science And Technology Council Has Published The Draft Bill Of The Basic Act On Artificial Intelligence For...

K&L Gates LLP on

The rapid development and spread of advanced artificial intelligence (AI) has led to legislative responses around the world to find suitable and adaptable governance measures. On 15 July 2024, the National Science and...more

WilmerHale

What Are High-Risk AI Systems Within the Meaning of the EU’s AI Act, and What Requirements Apply to Them?

WilmerHale on

In this blog post, we will focus on the identification of “high-risk AI systems” under the Artificial Intelligence Act (“AI Act”) and the requirements applying to such systems. As explained in our previous blog posts, the AI...more

Mayer Brown

Hong Kong PCPD Issues Model Personal Data Protection AI Framework

Mayer Brown on

INTRODUCTION - The rapid development of Artificial Intelligence (AI) has generated much excitement over the past two years. Since the public launch of Open AI's ChatGPT on 30 November 2022, generative AI and its...more

Society of Corporate Compliance and Ethics...

Creating an AI governance function: Part 2

This is Part 2 of a two-part series. Part 1 addressed the risks and restrictions organizations face in deploying artificial intelligence (AI) and the key elements of an AI strategy. This part details how to develop an AI...more

Robinson+Cole Data Privacy + Security Insider

Update on CPRA Regulations for Cybersecurity Audits and Risk Assessments from the CPPA

In August, the California Privacy Protection Agency (CPPA) released its initial draft regulations for cybersecurity audits and risk assessments under the California Privacy Rights Act (CPRA). While the CPPA has not yet...more

Epstein Becker & Green

California Privacy Protection Agency Public Board Meeting Sheds Light on Upcoming Risk Assessment and Cybersecurity Audit...

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The five-member Board of the California Privacy Protection Agency (the “CPPA”) held a public meeting on September 8, 2023, to discuss a range of topics, most notably, draft regulations relating to risk assessments and...more

Robinson+Cole Data Privacy + Security Insider

AI and Audits: Proposed CCPA Regulations Up for Discussion

On September 8, 2023, the California Privacy Protection Agency (CPPA) will discuss the two new sets of proposed California Privacy Protection Act (CCPA) regulations. Here is a breakdown of the two new proposed regulations and...more

Vinson & Elkins LLP

Breaking New Ground: Understanding California’s Draft AI, Privacy, and Cybersecurity Regulations

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In advance of its September 8, 2023 board meeting, the California Privacy Protection Agency (“CPPA”), the state’s privacy regulatory body, has unveiled draft regulations that could significantly impact cybersecurity...more

Fisher Phillips

The Double-Edged Sword Of AI And Technology For Healthcare Employers

Fisher Phillips on

The headlines paint a bleak picture: “AI is here to take your job.” Automation will, undoubtedly, create a seismic shift to the workplace, this much we know. The breadth and scope of the impact, however, will vary across...more

Thomas Fox - Compliance Evangelist

AI in Compliance – Strategies For and With AI

Last week, I penned a blog series around a special White-Collar Crime section in the July Harvard Business Review (HBR). This week, I propose to write a multipart blog post series based upon the MIT Sloan Management Review...more

Thomas Fox - Compliance Evangelist

Farewell to Forrest Gregg and Welcome to AI in Compliance Contracting

Having consistency in the compliance terms and conditions of any contract is a critical aspect of the compliance professional. While there will certainly be negotiation over a wide variety of terms and conditions, from the...more

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