Companies across a range of industries are increasingly incorporating artificial intelligence (“AI”) into their businesses. As with any new technology, AI presents a number of questions concerning its relation to and compliance with antitrust laws. U.S. antitrust enforcers under the current administration have expressed a range of concerns around AI, including its effects on the accumulation of market power, the…

In an unprecedented settlement, on June 18, 2024, the U.S. Securities & Exchange Commission (the “SEC”) announced that communications and marketing provider R.R. Donnelley & Sons Co. (“RRD”) agreed to pay approximately $2.1 million to resolve charges arising out of its response to a 2021 ransomware attack. According to the SEC, RRD’s response to the attack revealed deficiencies in its…

Luke Dembosky, Avi Gesser, Erez Liebermann, Jim Pastore, Matt Kelly, and Johanna Skrzypczyk were all recognized by The Legal 500 US in the category Cyber Law (Including Data Privacy and Data Protection) with Luke Dembosky and Avi Gesser ranked as Leading Lawyers. Abraham Tabaie and Christopher Ford were also listed as key lawyers in the practice. Clients have said Debevoise has…

On June 11, 2024, the U.S. Securities and Exchange Commission (“SEC”) filed its third matter this year involving “AI washing”—namely, alleged misstatements or omissions by securities market participants about the use of artificial intelligence (“AI”). This particular case is noteworthy for several reasons: it is the Commission’s first litigated AI washing matter; concerns statements made to raise funds from private…

On May 17, 2024, Colorado passed Senate Bill 24-205 (“the Colorado AI Law” or “the Law”), a broad law regulating so-called high-risk AI systems that becomes effective on February 1, 2026.  The law imposes sweeping obligations on both AI system deployers and developers doing business in Colorado, including a duty of reasonable care to protect Colorado residents from any known…