Artificial intelligence (AI) is becoming part of the core business operations at many companies. This widespread adoption of AI has led to a proliferation of corporate “ethical AI” principles and…
On March 24, 2022, the Hedge Fund Law Report published an article on the recently proposed cybersecurity rules for investment advisers and registered investment funds, which featured an interview with…
On February 9, 2022, the SEC released its much-anticipated proposed rules relating to cybersecurity risk management, incident reporting, and disclosure for investment advisers and funds. Many of the proposals follow…
On January 24, 2022, SEC Chair Gary Gensler gave a speech on cybersecurity rulemaking to the Annual Securities Regulation Institute, outlining a number of key points he expects the SEC…
On January 18, 2022, Avi Gesser from our Data Strategy and Security Group spoke at a webcast for the Risk Management Association on complying with shrinking breach notification deadlines. The…
Companies developing Federal Trade Commission (“FTC”) compliance programs, or under investigation by the FTC’s Bureau of Consumer Protection, should be aware of significant developments impacting the Commission’s regulatory authority and…
On November 18, 2021, federal banking regulators published a Final Rule that imposes new notification requirements on banking organizations for certain cybersecurity incidents. Most significantly, the Final Rule requires that…
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 2, members of our Data Security & Strategy and White Collar & Regulatory Defense teams hosted a webcast on the SEC’s Cybersecurity Year in Review 2021. The panelists,…
On August 20, 2021, China’s Standing Committee of the National People’s Congress passed the Personal Information Protection Law (“PIPL”).1 The PIPL will take effect on November 1, 2021.2 A breakdown…