News & Analysis as of

National Institute of Standards and Technology Machine Learning Risk Management

Ropes & Gray LLP

Adversarial Machine Learning in Focus: Novel Risks, Straightforward Legal Approaches

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The Artificial Intelligence and Machine Learning (“AI/ML”) risk environment is in flux. One reason is that regulators are shifting from AI safety to AI innovation approaches, as a recent DataPhiles post examined. Another is...more

Osano

AI Risk Management Frameworks to Manage Risks in Artificial Intelligence Systems

Osano on

In 2023, an Australian mayor was getting ready to take legal action against OpenAI. The reason? The company’s chatbot, ChatGPT, shared a fake story about him being involved in a bribery scandal. ...more

Sheppard Mullin Richter & Hampton LLP

Key Considerations Before Negotiating Healthcare AI Vendor Contracts

The integration of artificial intelligence (AI) tools in healthcare is revolutionizing the industry, bringing efficiencies to the practice of medicine and benefits to patients. However, the negotiation of third-party AI tools...more

Quarles & Brady LLP

Warning! ChatGPT Exploit Used by Threat Actors in Cyber Attacks

Quarles & Brady LLP on

Members of the health care and financial industries, along with other industries that hold sensitive data, are warned that a ChatGPT vulnerability is being actively exploited by threat actors to attack security flaws in AI...more

A&O Shearman

AI and accountability - Navigating responsibilities across the AI value chain

A&O Shearman on

Accountability is a pervasive AI principle. But how to put it into practice? Accountability is a pervasive AI principle. But how to put it into practice? If you’re reading this note, you likely already know three things:...more

MG+M The Law Firm

Release of Engineers and Geoscientists of British Columbia Practice Advisory on Use of Artificial Intelligence in Professional...

MG+M The Law Firm on

On November 22, 2024, Engineers and Geoscientists British Columbia (EGBC) released Use of Artificial Intelligence (AI) in Professional Practice, a practice advisory for EGBC registrants that provides guidelines on the use of...more

Mintz

Back to the Future: CFTC Emphasizes Existing Regulatory Standards for New Al Technologies

Mintz on

Advancements in artificial intelligence (AI) continue to reshape the financial services industry, with the growing popularity of generative Al (GenAl) tools prompting increased attention from US regulators. At the end of...more

Fenwick & West LLP

White House Issues Memorandum on Fostering the Safety, Security, and Trustworthiness of Artificial Intelligence

Fenwick & West LLP on

As required under the October 30, 2023, Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (AI), the White House issued a memorandum providing further direction on...more

Alston & Bird

NIST Releases Updated Draft Guidelines regarding AI Use in Identity Systems

Alston & Bird on

On August 21, 2024, the National Institution of Standards and Technology (“NIST”) released the second draft of its Digital Identity Guidelines, which provides federal agencies with a framework for identity proofing and...more

Ankura

Preparing for the Colorado AI Law

Ankura on

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

Baker Botts L.L.P.

NIST's Latest Guidance on Secure AI Development and Global Standards

Baker Botts L.L.P. on

On July 26, the National Institute of Standards and Technology (NIST) released four guidance documents related to artificial intelligence (AI) development and implementation....more

Pillsbury - Global Sourcing Practice

AI Testing: NIST’s Dioptra as a Step Forward, and Other NIST Guidance

As part of NIST’s recent mandate to formalize AI Testing set forth in President Joe Biden’s Executive Order on AI, NIST recently released a testbed called Dioptra that can be utilized to conduct evaluations to assess 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

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - April/May 2024

Welcome to the April-May edition of Akin Intelligence. This edition is a double header, covering both months as we prepare for the launch of our new AI Hub—a one-stop resource for AI coverage that will launch soon. Starting...more

A&O Shearman

The NIST hops on the AI bandwagon

A&O Shearman on

On April 29, 2024, the U.S. Department of Commerce announced the release of four draft publications intended to help improve the safety, security, and trustworthiness of artificial intelligence (“AI”) systems. These...more

Polsinelli

NIST Releases Risk ‘Profile’ for Generative AI

Polsinelli on

A year ago, we highlighted the National Institute of Standards and Technology’s ("NIST") release of a framework designed to address AI risks (the “AI RMF”). We noted how it is abstract, like its central subject, and is...more

Mintz - Antitrust Viewpoints

Federal Agencies Take Sweeping Action on AI in Accordance with AI EO — AI: The Washington Report (Part 1 of 2)

President Joe Biden’s October 2023 Executive Order on AI directed agencies to institute a significant number of actions on AI. On April 29, 2024, the White House announced that federal agencies had completed “all of the...more

Sheppard Mullin Richter & Hampton LLP

NIST Updates AI RMF as Mandated by the White House Executive Order on AI

We have now reached the 180-day mark since the White House Executive Order (EO) on the Safe, Secure and Trustworthy Development of AI and we are seeing a flurry of mandated actions being completed. See here for a summary of...more

Guidepost Solutions LLC

Investment Advisers and Generative AI

Start Planning Now to Reduce Your Increased Money Laundering, Sanctions, and Conflicts of Interest Risks The introduction and use of generative artificial intelligence (GenAI) and predictive data analytics (PDAs) by...more

Mintz - Antitrust Viewpoints

Commerce Department Launches Cross-Sector Consortium on AI Safety — AI: The Washington Report

The Department of Commerce has launched the US AI Safety Institute Consortium (AISIC), a multistakeholder body tasked with developing AI safety standards and practices. The AISIC is currently composed of over 200 members...more

Moore & Van Allen PLLC

The AI Executive Order: What’s Happened and What’s Coming Up… 

Last week, the White House issued an update on President Biden’s October 30, 2023 Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (the “AI EO” or “EO”). The update detailed...more

Davis Wright Tremaine LLP

NIST Seeks Public Comment on Developing Standards and Guidelines for Implementing Portions of the Biden AI Executive Order

Key Areas for Comment in the Request for Information - Developing guidelines, standards, and best practices for AI safety and security. Developing a companion resource to the Risk Management Framework for generative...more

Davies Ward Phillips & Vineberg LLP

Governance Insights: Get Smart on Artificial Intelligence (AI) and Corporate Governance: Key Considerations for Boards of...

It has been one year since OpenAI released ChatGPT, arguably catalyzing today’s new wave of interest in AI. This surge of interest is driving substantial investments in AI technologies and a heightened urgency to address the...more

Davis Wright Tremaine LLP

CISA, UK NCSC, and 17 Other Countries Issue Landmark Joint Guidelines for Secure AI System Development

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the UK National Cyber Security Centre (UK NCSC), along with partner agencies from 17 nations, have released Guidelines for Secure AI System Development (the...more

Akin Gump Strauss Hauer & Feld LLP

President Biden’s AI EO: Key Takeaways for Cybersecurity & Data Privacy

On October 30, 2023, the Biden administration released a far-reaching executive order (EO) on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (AI). The EO issues directives related to the use...more

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