NYDFS releases major update to Part 500 cybersecurity requirements for...
On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. These revisions represent the most...
View ArticleUS SEC charges SolarWinds and its CISO for alleged cybersecurity...
On October 30, 2023, the SEC announced charges against SolarWinds and its Chief Information Security Officer Timothy Brown. Read our full analysis at www.nortonrosefulbright.com. Special thanks to Law...
View ArticleAdvances in artificial intelligence legislation in Canada (Part I)
On September 27, the Minister of Innovation, Science and Industry released a voluntary code of conduct specific to generative AI. This GenAI code follows the proposed Artificial Intelligence and Data...
View ArticlePART II: Legislative advances in the world of artificial intelligence, Canada
On October 5, the Minister of Innovation, Science and Industry (ISED) wrote a letter to the Standing Committee on Industry and Technology proposing amendments to Artificial Intelligence and Data Act...
View ArticleManaging AI risks and legal implications, effective cybersecurity, ensuring...
In a world where generative AI is driving innovation and technology is outpacing legislation, there’s a lot for companies to consider to maintain operational effectiveness and minimize risk. To help...
View Article$8 million penalty to NYDFS – and another case of over-retention
2024 was not a happy new year for Genesis Global Trading, Inc. (“GGT”). On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay...
View ArticleThe EU AI Act: What obligations will apply to your business?
Political agreement was achieved at the beginning of December in relation to the EU’s AI Act (AIA) – the first major step in the regulation of artificial intelligence. Although the final texts are not...
View ArticleInternational Data Privacy Day: Unpacking recent significant ECJ decisions
A flurry of significant European Court of Justice judgments relating to data protection were published in the final few months of 2023. In celebration of International Data Privacy Day, in this 1 hour...
View ArticleSignificant amendments to the Singapore Cyber Security Act set to have...
On 15 December 2023, the Cyber Security Agency of Singapore (CSA) released the draft Cybersecurity (Amendment) Bill (Draft Bill), which seeks to amend the Cyber Security Act 2018 (CS Act), for public...
View ArticleBiden administration issues Executive Order and takes action to enhance...
On February 21, 2024, President Biden signed an Executive Order and issued several federal rules aimed at improving the cybersecurity of U.S. ports and maritime supply chains. The measures introduce...
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