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K2 Integrity

AI-Driven Risk Assessment: Enhancing Financial Crime Compliance And Internal Audit

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In an era of increasingly sophisticated financial crimes and evolving regulatory, compliance, and internal audit needs, financial institutions must continuously refine their risk assessment strategies. Traditional methods,...more

Ward and Smith, P.A.

The AI Royal Flush: The Five Foundations of Artificial Intelligence, Part 2

Ward and Smith, P.A. on

This is Part 2 of a summary of Ward and Smith Certified AI Governance Professional and IP attorney Angela Doughty's comprehensive overview of the potential impacts of the use of Artificial Intelligence (AI) for in-house...more

Carlton Fields

States Decode Their Expectations on Insurers’ Use of AI

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States continue to decode their expectations regarding insurers’ use of artificial intelligence (AI) systems. Since our last report, the following states have issued bulletins based on the National Association of Insurance...more

Hanzo

Legal tech predictions for 2025: What’s next in legal innovation?

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As we step into 2025, the legal tech landscape continues to evolve rapidly, shaped by advancements in artificial intelligence, shifts in communication tools, and an increasing focus on governance and compliance. Last year, we...more

Rumberger | Kirk

FINRA Reminds Financial Firms How AI Use Poses Significant Risks

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These days, artificial intelligence is everywhere we look, and the financial services industry is no different. As AI use increases, regulatory bodies are updating their rules and guidelines detailing how companies should and...more

Conn Kavanaugh

Unraveling the AI Revolution

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The rapid rise of artificial intelligence (“AI”) is reshaping industries, transforming economies, and presenting profound legal and ethical challenges....more

KPMG Board Leadership Center (BLC)

Oversight of data-related risks

Oversight of data-related risks: From data governance to GenAI and cybersecurity While data governance has been a priority for companies for some time, the explosive growth in the use of generative artificial intelligence...more

Baker Botts L.L.P.

Department of Labor Releases "Best Practices" Guide for Employers Using Artificial Intelligence

Baker Botts L.L.P. on

The U.S. Department of Labor (DOL) recently released new non-binding guidelines for employers and developers using artificial intelligence (AI). These guidelines build on the DOL’s May 2024 release of eight AI “principles”...more

Mintz - Health Care Viewpoints

OHRP Workshop Highlights Artificial Intelligence Uses, Concerns in Human Research

The Department of Health and Human Services (HHS) Office for Human Research Protections (OHRP) recently held its 2024 Exploratory Workshop titled “The Evolving Landscape of Human Research with AI – Putting Ethics to Practice”...more

Davis Wright Tremaine LLP

California Governor Signs AI Governance Measures into Law—But Vetoes Controversial AI Safety Bill

Governor Newsom has vetoed SB 1047 but signed into law three other laws regulating the development and deployment of certain artificial intelligence (AI) tools. As explained in detail in our prior post, California's...more

Foley & Lardner LLP

Artificial Intelligence in Health Care: Key Considerations for Oncology

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Artificial intelligence (AI) has the power to revolutionize health care. In oncology, there are now opportunities to apply AI to support diagnostics, predictive analytics, and administrative functions. This hot topic was...more

NAVEX

Five Ethics Questions to Ask About Your Company’s Use of AI

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CISOs, compliance officers, corporate boards, and other senior executives are quick to worry these days about the risks of artificial intelligence – but fear not! Some of the brightest minds in technology have built a tool to...more

Akin Gump Strauss Hauer & Feld LLP

EU Takes Steps to Develop General Purpose AI Code of Practice

Following the publication of the European Union’s Artificial Intelligence Act (AI Act or Act) on 12 July 2024, there are now a series of steps that various EU bodies need to take towards implementation. One of the first key...more

Jackson Lewis P.C.

Exploring AI Risks Reported in SEC Filings Can Be Helpful For Many Organizations, Including SMBs

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One of our recent posts discussed the uptick in AI risks reported in SEC filings, as analyzed by Arize AI. There, we highlighted the importance of strong governance for mitigating some of these risks, but we didn’t address...more

Health Care Compliance Association (HCCA)

Federation of State Medical Boards weighs in on ethical use of AI in clinical practice

Though responsible and ethical use of artificial intelligence (AI) has been a hot topic for the past few years, there has not yet been significant adoption of laws or regulations aimed specifically at regulating the use of AI...more

Harris Beach Murtha PLLC

What to Include in Your Company’s Internal Generative AI Use Policy

As generative artificial intelligence continues to revolutionize business operations across industries, it has become imperative for companies to establish robust internal policies governing its use by employees. This alert...more

Jackson Lewis P.C.

Can Your AI Model Collapse?

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A recent Forbes article summarizes a potentially problematic aspect of AI which highlights the importance of governance and the quality of data when training AI models. It is called “model collapse.” It turns out that over...more

Ankura

Preparing for the Colorado AI Law

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Colorado became the first U.S. state to pass a law protecting consumers from harm when using artificial intelligence (AI). Senate Bill 24-205 on Consumer Protections for Artificial Intelligence was passed on May 17, 2024. The...more

Fishman Haygood LLP

ABA Issues Formal Guidance for Use of Generative AI: An Update to Ethical Rules for Using Generative AI in Your Practice

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As the “AI Revolution” continues to gain momentum, questions concerning professional ethics have arisen across almost all professions. For legal services providers in particular, this disruptive technology poses both risks...more

Robinson+Cole Data Privacy + Security Insider

American Bar Association Issues Formal Opinion on Use of Generative AI Tools

On July 29, 2024, the American Bar Association issued ABA Formal Opinion 512 titled “Generative Artificial Intelligence Tools.” The opinion addresses the ethical considerations lawyers are required to consider when using...more

Davis Wright Tremaine LLP

Latest NIST Guidance Identifies Generative AI Risks and Corresponding Mitigation Strategies

On July 26, NIST released a final version of its Generative Artificial Intelligence Profile (GenAI Profile), a cross-sectoral profile of and companion to the AI Risk Management Framework (AI RMF) (for further detail on the AI...more

Guidepost Solutions LLC

AI Governance – The Ultimate Human-in-the-Loop

...As the world grapples with the rapid advancement of artificial intelligence (AI) technologies, concerns about the potential risks and unintended consequences have understandably taken center stage. While some advocate for...more

White & Case LLP

AI Watch: Global regulatory tracker - United Nations

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Artificial intelligence (AI) has made enormous strides in recent years and has increasingly moved into the public consciousness. Increases in computational power, coupled with advances in machine learning, have fueled the...more

Rumberger | Kirk

Understanding How Generative AI Can Affect Your Business' Data Privacy And Ownership Is Crucial

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“In assessing a generative AI product, it is critical to understand issues of data ownership and privacy. This cumbersome task is necessary to learn how the AI platform will use data, if the data shared is entering an open or...more

Perkins Coie

Office of Management and Budget Issues New Requirements for Federal Agencies’ Use of AI

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The Office of Management and Budget (OMB), part of the Executive Office of the President, recently issued a memorandum (the Memorandum) containing requirements and recommendations for executive agencies regarding those...more

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