What is an AI risk assessment? And how is one conducted?
AI is ubiquitous, and organizations are adopting AI solutions at a rapid pace. Findings from the first nationally representative survey in the US on generative AI use suggest that “U.S. adoption of generative AI has been faster than adoption of the personal computer and the internet.” With this proliferation comes legal risk, and AI risk […]
EDPB Opinion on AI Models and GDPR Principles: Key Takeaways
In December 2024, the European Data Protection Board (EDPB) issued an Opinion in response to a request from the Irish supervisory authority, focusing on the application of GDPR principles in the context of AI models. The Irish supervisory authority posed three specific questions: When and how can an AI model be considered “anonymous”? What is […]
CCPA Board Meeting: Key Takeaways from November 8, 2024
In a vote of 4-1, the California Privacy Protection Agency (CPPA) has decided to move forward with rulemaking of its draft regulations concerning AI, cyber audits, profiling and risk assessments, despite complaints of regulatory overreach. On Friday, November 8, the CCPA held a public meeting to discuss proposed updates to the California Consumer Privacy […]
Cybersecurity Laws for the Fintech Industry
In our modern digital landscape, the intersection of cybersecurity, finance and tech has become a focal point for regulators. With the rise of fintech, insurtech, personal financial management, alternative investments, and complex financial APIs, legal frameworks are evolving to keep pace. Below are five notable cybersecurity legal updates within the financial sector, impacting financial […]
The Illinois Human Rights Act Addresses the Use of AI In Employment Decisions
Artificial intelligence (AI) is becoming an integral part of business operations, including hiring and managing employees. As these systems become more involved in our daily lives, legislators are taking note. On August 9, 2024, Illinois Governor J.B. Pritzker signed Bill 3773 into law, regulating the use of AI in employment decisions. This law joins […]
California Wraps Its 2024 Legislative Session with Data Privacy & AI Bills
California’s legislative session closed on August 31, 2024 with a series of data privacy and AI bills. Over the course of September, Governor Newsom signed 17 bills covering AI technologies. This wave of legislation comes a year after Governor Newsom signed an Executive Order to help ensure California is ready for next wave of AI […]
Uber Fined $324 Million for Data Transfer Violations
What Happened? On Monday, the Dutch Data Protection Authority (DPA) found that Uber will be fined over $324 million for violating a European Union data privacy law.[1] The Dutch DPA stated that Uber transferred personal data about its drivers to the United States without appropriate safeguards, violating the GDPR.[2] According to the decision, transfer tools […]