News & Analysis as of

Risk Management Data Privacy Machine Learning

A&O Shearman

Data Governance: Strategic Convergence, Opportunities and Risks

A&O Shearman on

AI is accelerating digital transformation for companies and data governance is a key pillar in this change, enabling data strategies that unlock the potential of AI, and mitigate the risks associated with its use. Data...more

Jackson Lewis P.C.

Exploring AI Risks Reported in SEC Filings Can Be Helpful For Many Organizations, Including SMBs

Jackson Lewis P.C. on

One of our recent posts discussed the uptick in AI risks reported in SEC filings, as analyzed by Arize AI. There, we highlighted the importance of strong governance for mitigating some of these risks, but we didn’t address...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI Safety: The Role of the Board in Assessing and Managing AI Risk

As AI systems become more complex, companies are increasingly exposed to reputational, financial and legal risk from developing and deploying AI systems that do not function as intended or that yield problematic outcomes. The...more

Lathrop GPM

Is AI Putting Your Closely Held Business at Risk?

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Business leaders are considering new AI tools that grow more sophisticated each day. For closely held businesses on the lookout for innovative and tech-enabled cost savings, AI can offer a competitive edge by taking on...more

A&O Shearman

AI Act published in EU Official Journal to enter into force on 1 August 2024

A&O Shearman on

On 12 July, 2024, the Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence (the ‘EU AI Act’) was published in the official Journal of the European Union. The EU AI Act aims to establish a...more

Skadden, Arps, Slate, Meagher & Flom LLP

Colorado’s Landmark AI Act: What Companies Need To Know

Colorado has become the first state to enact a comprehensive law relating to the development and deployment of certain artificial intelligence (AI) systems. The Colorado Artificial Intelligence Act (CAIA), which will go into...more

Ballard Spahr LLP

Treasury Issues Request for Information on Use of AI in Financial Services

Ballard Spahr LLP on

The U.S. Department of the Treasury (“Treasury”) has released a Request for Information on the Uses, Opportunities, and Risks of Artificial Intelligence (“AI”) in the Financial Services Sector (“RFI”).  Written comments are...more

KPMG Board Leadership Center (BLC)

Board oversight of GenAI

Like few topics before it, generative artificial intelligence (GenAI) has dominated discussions in many C-suites over the last year. Boards are playing a crucial role in both encouraging management to accelerate the pace of...more

White & Case LLP

AI Watch: Global regulatory tracker - United States

White & Case LLP on

The US relies on existing federal laws and guidelines to regulate AI but aims to introduce AI legislation and a federal regulation authority. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently,...more

Polsinelli

NIST Releases Risk ‘Profile’ for Generative AI

Polsinelli on

A year ago, we highlighted the National Institute of Standards and Technology’s ("NIST") release of a framework designed to address AI risks (the “AI RMF”). We noted how it is abstract, like its central subject, and is...more

White & Case LLP

AI Watch: Global regulatory tracker - Japan

White & Case LLP on

Japan adopts a soft law approach to AI governance but lawmakers advance proposal for a hard law approach to generative AI foundation models. Laws/Regulations directly regulating AI (“AI Regulations”) Japan currently...more

Troutman Pepper

Massachusetts Issues Advisory Opinion With Implications for Private Equity Firms’ Use of AI

Troutman Pepper on

Troutman Pepper's latest white paper explores the heightened focus on artificial intelligence (AI) by various state attorneys general (AGs), particularly in relation to data privacy laws, consumer protection statutes, and...more

Sheppard Mullin Richter & Hampton LLP

NIST Updates AI RMF as Mandated by the White House Executive Order on AI

We have now reached the 180-day mark since the White House Executive Order (EO) on the Safe, Secure and Trustworthy Development of AI and we are seeing a flurry of mandated actions being completed. See here for a summary of...more

Society of Corporate Compliance and Ethics...

The EU AI Act: A comprehensive guide for organizations

The EU recently introduced the AI Act, landmark legislation aimed at regulating artificial intelligence (AI) technologies. This article provides an in-depth overview of the EU AI Act, its implications for organizations, and...more

Troutman Pepper

FTC Releases 2023 Privacy and Data Security Update

Troutman Pepper on

On March 28, the Federal Trade Commission (FTC) released a Privacy and Data Security Update, highlighting the FTC’s activities in recent years through December 2023. The FTC underscored its work on issues related to...more

Ballard Spahr LLP

UN Adopts Landmark AI Resolution

Ballard Spahr LLP on

The UN General Assembly has adopted a landmark resolution focusing on the safe, secure, and trustworthy use of Artificial Intelligence (AI). This resolution, led by the United States and supported by over 120 Member States,...more

ArentFox Schiff

The Development of AI and Protecting Student Data Privacy

ArentFox Schiff on

Educational technology (EdTech) has long been used by educators as a way to support teaching and facilitate student learning using a wide range of digital tools, platforms, and resources designed to engage students and...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2024

Robinson & Cole LLP on

CYBERSECURITY CISOs: New Report Outlines Risks of LLMs - I hang out with a lot of Chief Information Security Officers (CISOs), so this piece is for them. Of course, it will be of interest to all security professionals...more

Integreon

How In-House Counsel Can Prepare for Generative AI Risks

Integreon on

Generative artificial intelligence legal applications have arrived. They include everything from automated contract drafting to effective on-demand clause-level search. And more are coming to the market every day. But are...more

Hinckley Allen

Accelerated Scrutiny of AI Systems in 2024: The EU AI Act and the U.S. Strategy

Hinckley Allen on

On December 9, 2023, representatives from the Council of the European Union, the European Parliament, and the European Commission agreed in principle on the world’s first comprehensive legal regulations for artificial...more

Akin Gump Strauss Hauer & Feld LLP

President Biden’s AI EO: Key Takeaways for Cybersecurity & Data Privacy

On October 30, 2023, the Biden administration released a far-reaching executive order (EO) on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (AI). The EO issues directives related to the use...more

Hutchison PLLC

Navigating Generative Artificial Intelligence in the Corporate World: Striking the Right Balance

Hutchison PLLC on

Since the public release of ChatGPT in November 2022, generative artificial intelligence (GenAI) has quickly emerged as a potentially transformative technology. In the corporate world, GenAI tools have the potential to help...more

Skadden, Arps, Slate, Meagher & Flom LLP

Private Equity CISO Fireside Chat – Cybersecurity Leadership in the Age of Generative AI

Partner and co-head of Skadden’s Cybersecurity and Data Privacy practice David Simon recently sat down with two chief information security officers (CISOs) from the private equity sector as part of the firm’s National Cyber...more

DRI

Deepfakes: Navigating Data Privacy and Cybersecurity Risks

DRI on

Since 2017, deepfakes have proliferated all over the internet. Deepfakes (also styled as deep fakes) are synthetic media created with artificial intelligence (AI) technology that utilize machine learning algorithms like...more

American Conference Institute (ACI)

[Event] National Conference on AI Law, Ethics and Compliance - October 31st - November 1st, Washington, DC

Hosted by American Conference Institute, the inaugural National Conference on AI Law, Ethics and Compliance will bring together all key stakeholders for discussions on the most pressing, high stakes issues and uncertain risk...more

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