On January 28, 2025, FINRA released its 2025 FINRA Annual Regulatory Oversight Report (the “Report”). As was the case in 2024, the Report highlights continuing and emerging trends in artificial…
On December 19, 2024, the U.S. Department of Treasury (“Treasury”) released a report on The Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector (the “Report”). The…
On September 21, 2023, the Colorado Division of Insurance (the “Division”) released Regulation 10-1-1, Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information…
As we approach the end of the year, here are the Top 10 SEC Cyber/AI posts on the Debevoise Data Blog in 2024 by page views. If you are not…
As we approach the end of the year, here are the Top 10 Cybersecurity posts on the Debevoise Data Blog in 2024 by page views. If you are not already…
As we approach the end of the year, here are the Top 11 Artificial Intelligence (“AI”) posts on the Debevoise Data Blog in 2024 by page views. If you are…
On November 22, 2024, the California Privacy Protection Agency (the “CPPA”) opened the formal public comment period for its recently approved formal proposed rulemaking package for annual cybersecurity audits, automated…
On October 16, 2024, the New York Department of Financial Services (the “NYDFS”) issued an Industry Letter providing guidance on assessing cybersecurity risks associated with the use of AI (the…
When drafting policies on the use of artificial intelligence, one challenge that many businesses face is how to define AI, and relatedly, when should AI governance and compliance programs apply…
On May 16, 2024, the SEC adopted amendments to Regulation S-P (“Reg S-P”) one year after its proposed amendments (the “Proposed Amendments”). The finalized amendments (“Amended Reg S-P”) largely track…