On Friday, November 18, 2022 at 10:30AM ET, Eric Dinallo, Avi Gesser, Erez Liebermann, Caroline Novogrod Swett, and Johanna Skrzypczyk participated in a webcast examining the new draft amendments to the Part 500 Cybersecurity Rules (“Draft Amendments”) proposed by the New York Department of Financial Services (“NYDFS”) and the implications they may have for insurance companies and other NYDFS-regulated entities.…

Machines are increasingly making important decisions that have traditionally been made by humans, such as who should get a job interview or who should receive a loan. For valid legal, reputational, and technical reasons, many organizations and regulators do not fully trust machines to make these judgments by themselves. As a result, humans usually remain involved in AI decision making,…

On November 9, 2022, the New York Department of Financial Services (“NYDFS”) announced the publication of the official proposed amendments to its 2017 Cybersecurity Regulation 23 NYCRR 500 (“Proposed Amendments”). This announcement follows a highly active pre-proposal comment period, during which industry stakeholders shared their thoughts with the NYDFS on the changes under consideration, which we covered here for an…

On Thursday, November 17, 2022, at 1:00 PM ET, Debevoise’s Anna Gressel joined TruEra for a conversation on New York City’s new Automated Employment Decision Tool Law, which requires employers to conduct an independent bias audit of their AI employment tools by January 1, 2023. Anna was joined by Anupam Datta, TruEra’s Co-founder, President and Chief Scientist, as well as…

Key takeaways this October include: Facial Recognition: Businesses face continued challenges in establishing GDPR-compliant facial recognition technology, including those with no presence in the EEA, after the French CNIL fined Clearview AI €20 million for “intrusive and massive” data processing without consent or a valid legitimate interest, among other failings; Digital Services Act: The EU’s adoption of the Digital Services…