Many governments are grappling with the question of how to regulate artificial intelligence to ensure it is adopted safely and used responsibly without hampering innovation. Governments have generally indicated similar...more
10/8/2024
/ Artificial Intelligence ,
Bank of England ,
Bergdorf Goodman ,
Data Collection ,
Data Processors ,
Data Selling ,
Documentation ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Financial Services Industry ,
Information Governance ,
Machine Learning ,
MiFID II ,
Personal Data ,
Popular ,
Privacy Laws ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Standards ,
Risk Management ,
Third-Party ,
Training ,
Transparency ,
UK
On 3 October 2023, the European Commission announced a public consultation regarding the draft implementing regulation (Draft Regulation) establishing the European Common Criteria-based cybersecurity certification scheme...more
Within the past year, a number of countries around the world, including the United States, United Kingdom, France, and The Netherlands have initiated regulatory inquiries and developed new strategies for the purpose of more...more
4/25/2023
/ Corporate Counsel ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
EU ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Information Commissioner's Office (ICO) ,
NIST ,
Popular ,
UK
The potential benefits of deploying artificial intelligence (AI) (and in particular, machine learning (ML) techniques) within the insurance industry have been the subject of much market discussion and increased focus over...more
On 13 June 2022, the UK’s Department of Digital, Culture, Media and Sport (DCMS) published its 2022 Digital Strategy (the Strategy)....more
With rapidly evolving developments regarding Russia and Ukraine, the FCA has reiterated that firms need to be vigilant of operational and cyber resilience....more
On 15 March 2022, President Biden signed into law the Cyber Incident Reporting for Critical Infrastructure Act 2022 (Cyber Incident Reporting Act). The House of Representatives passed the bill on 9 March 2022....more
On 15 December 2021, the UK Government published its new National Cyber Strategy for 2022 based around the following five strategic pillars, representing the goals that the government intends to achieve by 2025, as first set...more
On 14 October 2021, the White House brought together the representatives of more than 30 national governments to address the transnational nature of the threat posed by ransomware attacks. The meeting resulted in a joint...more
10/18/2021
/ Biden Administration ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Hackers ,
Information Technology ,
Joint Statements ,
Popular ,
Ransomware ,
Regulatory Agenda ,
Risk Management
The European Commission announced its proposal for a regulation that will amend the EU eIDAS Regulation and establish a framework for a European Digital Identity (the Proposal)(3 June 2021). ...more
On 22 January 2021, the Digital Senior Officials’ meeting of the Association of Southeast Asian Nations (ASEAN) approved model contractual clauses for cross-border data flows (ASEAN Model Clauses) and related guidance on...more
The challenge and risks -
The topic of cybersecurity is seldom out of the press these days, occupying the minds of business leaders and politicians alike. From a business perspective, the ideal outcome would be to...more