As will be discussed in our November 28, 2023 webcast, on November 1, 2023, the New York Department of Financial Services (“NYDFS” or the “Department”) announced the adoption of the…
On 26 October 2023, the Bank of England, Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”, collectively the “UK Financial Authorities”) published FS2/23 on Artificial Intelligence and Machine Learning…
On October 27, 2023, the Federal Trade Commission (“FTC”) approved an amendment (“Amended Rule”) to the Standards for Safeguarding Customer Information (the “Safeguards Rule”) that will require non-banking financial institutions…
On October 20, 2023, Avi Gesser, Kristin Snyder and Matt Kelly from the Debevoise AI Practice Group, hosted a webcast that reviewed some of the key challenges for deployment of…
On October 16, 2023, the SEC’s Division of Examinations (“EXAMS”) issued its 2024 Examination Priorities (the “2024 Priorities”). The 2024 Priorities reflect the Commission’s continued scrutiny of information security and…
As businesses adopt Generative AI tools, they need to ensure that their governance frameworks address not only AI-specific regulations such as the forthcoming EU AI Act, but also existing regulations,…
On September 21, 2023, the Colorado Division of Insurance (the “DOI”) released its Final Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information…
Earlier this month, staff at the California Privacy Protection Agency (the “Agency” or “CPPA”) put forward Draft Cybersecurity Audit Regulations (“the Draft”) for the CPPA Board’s consideration. While the Agency…
On Tuesday, September 19, the partners in the Debevoise Data Strategy and Security group — Charu Chandresekhar, Luke Dembosky, Avi Gesser, and Erez Liebermann — provided a CLE on the…
On July 19, the White House Office of the National Cyber Director (“ONCD”) announced a request for information on cybersecurity regulatory harmonization and regulatory reciprocity (the “Request”). The Request is…