On Friday, August 19, 2022, Eric Dinallo had a discussion with Connecticut Insurance Commissioner Andrew Mais on artificial intelligence and discrimination in the insurance industry, including on the risks of…
On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Part 500 Cybersecurity Rules. We provided our initial thoughts on the Draft Amendments…
On July 27, 2022, the Securities and Exchange Commission (“SEC”) separately charged three financial institutions with violations of Rule 201 of Regulation S-ID (“Reg S-ID”), also known as the Identity…
On Friday, August 5, 2022, Eric Dinallo, Luke Dembosky, Avi Gesser, Erez Liebermann, and Charu Chandrasekhar participated in a webcast on the proposed draft amendments to the NYDFS cyber rules.…
On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Part 500 Cybersecurity Rules, which include a mandatory 24-hour notification for cyber ransom…
On July 8, 2022, the California Privacy Protection Agency (the “Agency”) issued a Notice of Proposed Rulemaking, kicking off a forty-five day comment period for proposed updates to the California…
On July 8, 2022, the U.S. Department of Justice (the “DOJ”) announced that Aerojet Rocketdyne (“Aerojet”), a California-based aerospace and defense contractor, agreed to pay $9 million to resolve allegations…
On July 5, 2022, the European Parliament voted to approve the final text of the Digital Services Act (“DSA” or the “Act”), a landmark regulation that—along with its sister regulation,…
A growing number of employers are turning to artificial intelligence (“AI”) tools to assist in recruiting and other employment decisions. According to Forbes, almost all Fortune 500 companies use talent-sifting…
On June 21, 2022, the House Energy and Commerce Committee formally introduced a new federal privacy bill: the American Data Privacy and Protection Act (“ADPPA”). Notably, the ADPPA has diverse…