The U.S. Securities and Exchange Commission (SEC) has implemented a significant new policy regarding cybersecurity disclosure requirements, according to a recent report. As of July 26, 2023, all public companies that fall under the reporting obligations and handle data collection or processing are subject to the rule. This rule, named the Cybersecurity Risk Management, Strategy,…
California’s Privacy Protection Agency’s Enforcement Division disclosed on July 31 that it is set to review the privacy practices of connected vehicle manufacturers and the associated technologies. As automobiles increasingly feature settings that offer web-based entertainment, location sharing, smartphone integrations, and built-in cameras, there’s an augmented focus on the scope of data collected on owners…
In a world where businesses generate and handle enormous volumes of data, privacy law compliance has become more critical than ever. This is especially true for companies operating in heavily regulated sectors such as financial services and healthcare. An ever-increasing complexity within the patchwork of state privacy laws has added another layer to this burgeoning…
Automotive dealers and their service partners need to take cognizance of key divergences between the California Consumer Privacy Act (CCPA) and recent state privacy laws intended to defend consumer information. These variations are evident in privacy enactments in Virginia, Connecticut, Colorado, and Utah – all of which broadly exempt financial institutions safeguarded by the federal…
In the era of information, data is an indispensable element of not only any organization but more crucially, their compliance function. The importance of this data’s integrity, accessibility, and security can hardly be overstated for a business to operate effectively and to ensure proper compliance. However, as digital landscapes continue to evolve and grow in…
In a significant ruling that caught the attention of the global legal community, the Administrative Appeals Tribunal handed down its decision earlier this year in a case involving Clearview AI and the Australian privacy regulator, the Office of the Australian Information Commissioner (OAIC). This decision, for the first time, marked the extraterritorial application of the…
Recent legislative developments in the United States attest to the growing patchwork of state privacy laws. Two additional states – Oregon and Delaware – have joined the existing lineup of states eliciting comprehensive consumer privacy laws. This expanding network of legalities exhibits how state-level privacy laws continue to evolve in the absence of encompassing federal…
As Artificial Intelligence (AI) continues to transform the landscape of businesses worldwide, it has become a fundamental component of many recent commercial transactions, including industry acquisitions, business assets or licenses. This trend is set to extend even further as the interest in AI technology intensifies. For organisations integrating AI into their available services, there are…
The possibilities and implementation of Artificial Intelligence (AI) are advancing rapidly around the globe, raising new and complex legal issues. This second installment in a series on US regulation of AI systems turns to state-level legislation and significant litigation relevant to AI systems, offering insights and predictions about the future of AI regulation. The first…
Hot on the heels of the latest state privacy laws to be enforced, Florida has taken the initiative to continue the momentum. On June 6, 2023, Florida Senate Bill 262 (“SB 262,”) was signed into law, which means a new set of data privacy conditions will soon become active. These recent developments in privacy legislation…
In an urgent call for action, key data privacy professionals from leading universities and prominent law firms including Orrick Herrington & Sutcliffe LLP, Hogan Lovells, Squire Patton Boggs LLP, and Cooley LLP are pressing law schools to dedicate more resources to the data privacy domain. This is driven by the growing global legislative scenario and…