A recent FTC settlement is the latest example of a regulator imposing very significant costs on a company for artificial intelligence (“AI”) or privacy violations by requiring them to destroy…
Since we last wrote about data minimization, there have been several regulatory developments that illustrate the increasing operational and regulatory risks of keeping large volumes of old data. As cyber…
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…
Be prepared for increasing scrutiny from the Federal Trade Commission (“FTC”) and other regulators regarding the Log4j vulnerability. The attention of the cybersecurity community has been captured by the recently…
On December 7, 2021, the New York Department of Financial Services (“DFS”) released new guidance on multifactor authentication (“MFA”), indicating that it is increasing its review of MFA during examinations,…
On October 27, 2021, the Federal Trade Commission (the “FTC”) announced significant updates to the Standards for Safeguarding Customer Information (the “Safeguards Rule” or “Amended Rule”). This rule, promulgated pursuant…
Our three previous articles in this series on the future of AI regulation have discussed the RFI on AI issued by U.S. banking regulators, the draft EU AI regulation, and…
In our first post in this series on the future of AI regulation, we discussed the recent request for information (“RFI”) from U.S. federal banking regulators on the use of…
On Monday, May 3, 2021, Anna Gressel and Avi Gesser from our Data Strategy and Security Group, had an interesting discussion with Stephen McDougall, Chief Counsel for Data and Privacy…
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…