In this Part 2 of our series on the future of artificial intelligence (“AI”) regulation, we examine the draft EU legislation. Part 1 of the series (on U.S. banking regulators’…
Several recent developments provide new insight into the future of artificial intelligence (“AI”) regulation. First, on March 29, 2021, five U.S. federal regulators published a request for information (“RFI”) seeking…
On April 14, 2021, the New York State Department of Financial Services (the “DFS”) announced that its cyber enforcement action against National Securities Corporation (“National Securities”) has been resolved by…
Earlier this week, Debevoise published an overview of the SEC’s Division of Examination Priorities for 2021. Today, we’re taking a deeper dive into one aspect of those priorities: cybersecurity as it…
Last year, we discussed the first enforcement action brought by the New York State Department of Financial Services (“DFS”), which involved charges against First American Title Insurance Company. That hearing…
On February 4 and 11, 2021, Robin L. Barton of the Hedge Fund Law Report published a two-part article on the risks of business email compromise scams: Eleven Lessons From…
Companies face increasing cybersecurity and AI risk from third-party vendors. Cybersecurity risks arise when companies share sensitive personal data or company information with their vendors or when their vendors have…
On January 6, 2021, Avi Gesser and Anna Gressel from Debevoise’s Data Strategy and Security Group and Keith Slattery from Debevoise’s Insurance Group has an insightful conversation with Stefan Toi…
On January 12, 2021, the Federal Deposit Insurance Corporation (“FDIC”), the Office of the Comptroller of the Currency (“OCC”) and the Federal Reserve Board (“FRB”) (together the “Agencies”) published a…
We have recently written about the persistence of the four most common varieties of cyberattacks: Ransomware, Phishing, Business Email Compromises, and Credential Stuffing, as well as the increased regulatory scrutiny that companies face…