As financial institutions increasingly deploy artificial intelligence (“AI”), including machine learning and automated decision-making technologies, across their business lines, U.S. federal regulators have started to scrutinize the consumer protection implications…
On November 8, 2021, the U.S. Department of the Treasury (“Treasury”) announced a new set of sanctions against criminal ransomware actors, the virtual currency exchange Chatex, and three companies providing…
European Data Protection Roundup – October 2021 Key takeaways this October include: Liability for excessive security footage: The need to ensure security systems are configured appropriately to minimise the scope…
Several recent developments have caused companies to review their whistleblower policies and procedures, especially in the areas of cybersecurity and artificial intelligence (“AI”). First, on October 28, 2021, New York…
On Wednesday, November 3, 2021, Anna Gressel and Avi Gesser from our Data Strategy and Security Group joined guests Liz Grennan, Doug McElhaney and Alex Singla of McKinsey, for a special…
This is Part 2 in a two-part series of articles about facial recognition laws in the United States. In Part 1, we discussed how current legislation addresses facial recognition. In…
Debevoise’s Data Strategy & Security practice has launched its Debevoise Data Portal. The Portal, which had been in beta testing since June 2020 with a select group of users, is…
Part 1: The Current Patchwork Two huge crosscurrents are sweeping the world of facial recognition—and moving head-on into each other. Companies are eagerly adopting facial recognition tools to better serve…
On October 13, the annual Securities and Exchange Commission Speaks seminar concluded with presentations from the Examination, Enforcement, and Investment Management divisions. As SEC regulated entities (including publicly traded companies,…
On September 7, 2021, the Board of the International Organization of Securities Commissions (“IOSCO”) issued a final report entitled “The Use of Artificial Intelligence and Machine Learning by Market Intermediaries…