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BACKGROUND - On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter, Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks,...more
On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued guidance and strategies (“Guidance”) concerning cybersecurity risks that arise in response to the advancements in artificial intelligence...more
On October 16, 2024, the New York Department of Financial Services (“NYDFS”) released an Industry Letter—entitled Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks (the “Letter”)....more
The ubiquity of artificial intelligence (AI) has heightened companies’ exposure to cyberattacks of increasingly greater sophistication. Our Privacy, Cyber & Data Strategy Team explores how businesses can enhance their...more
Recently, the National Institute of Standards and Technology (NIST) released its second public draft of Digital Identity Guidelines (Draft Guidelines). The Draft Guidelines focus on online identity verification, but several...more
European Parliament Approves EU AI Act - On March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”). A first of its kind legal framework for AI, the AI Act has extraterritorial effect,...more
On March 5, 2024, the Department of Justice (DOJ) issued an Advance Notice of Proposed Rulemaking (ANPRM) regarding Access to Americans’ Bulk Sensitive Personal Data and Government-Related Data by Countries of Concern. The...more
The last months of 2023 capped off another major year for insurance regulation, with state insurance regulators and the National Association of Insurance Commissioners undertaking a number of initiatives that will affect the...more
CYBERSECURITY - Patch Adobe ColdFusion Vulnerabilities Being Exploited in the Wild ASAP - Adobe has issued alerts on three vulnerabilities affecting its ColdFusion product. The first alert, issued on July 11, 2023,...more
The National Institute of Standards and Technology (NIST)’s National Artificial Intelligence Advisory Committee (NAIAC) recently released its first report to President Joe Biden, providing several key recommendations on how...more
DOT Invites Comments on Advanced Air Mobility: In this Notice and Request for Information, the Department of Transportation (DOT) seeks input on the development of a national strategy on Advanced Air Mobility (AAM) as...more
On Wednesday, June 21, 2023, Senate Majority Leader Chuck Schumer (D-NY) unveiled the five policy objectives underpinning his ongoing work on a legislative framework to regulate Artificial Intelligence (AI)—the Security,...more
The National Institute for Standards and Technology (NIST) recently unveiled the first version of its Artificial Intelligence Risk Management Framework (AI RMF 1.0, or “Framework”). This highly anticipated and detailed...more
The National Institute for Standards and Technology (NIST) recently released its Artificial Intelligence Risk Management Framework, a flexible set of guidelines that assists artificial intelligence actors, such as...more
After 18 months of numerous workshops, drafts, and discussions, the National Institute of Standards and Technology (“NIST”) published its inaugural AI Risk Management Framework (the “AI Framework”) in January 2023...more
On January 26, 2023, the National Institute of Standards and Technology (NIST) issued the Risk Management Framework for the use of artificial intelligence, or AI, in a trustworthy manner. The Risk Management Framework...more
On January 26, 2023, the U.S. National Institute of Standards and Technology (NIST) released the Artificial Intelligence (AI) Risk Management Framework (AI Risk Management Framework 1.0), a voluntary guidance document for...more
On January 26, the National Institute of Standards and Technology (NIST) published its much anticipated AI Risk Management Framework 1.0 (AI RMF or Version 1.0), a risk-management resource for organizations designing,...more
The National Institute of Standards and Technology (NIST) is leading the federal government’s charge on a framework for assessing and managing risks in artificial intelligence (AI), with a critical workshop this week to...more
On March 29-31, 2022, the National Institute for Science and Technology (NIST) held its second broad stakeholder workshop on its draft Artificial Intelligence Risk Management Framework, titled Building the NIST AI Risk...more
Following a series of recent events involving policymakers from Trump’s Administration and Capitol Hill, artificial intelligence (AI) was the second hottest topic in D.C. These events, described in detail below, demonstrated...more