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Colton Jackson

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About Colton Jackson

Colton leverages his experiences with legislative, immigration, and human rights litigation to provide clients with practical and creative solutions to their matters.

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NYDFS Issues Guidance on Artificial Intelligence-related Cybersecurity Risks

October 17, 2024 By Kim Peretti, Kate Hanniford, Ashley Miller, Lance Taubin and Colton Jackson

On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued an industry letter covering Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks (the “Industry Letter”).  The Industry Letter contains guidance for entities regulated by NYDFS (“Covered Entities”) in assessing and responding to cybersecurity risks related to the use […]

Filed Under: AI, Cybersecurity, NYDFS

NYDFS Issues Final Circular Letter Guidance on Use of AI in Insurance Underwriting and Pricing

August 9, 2024 By Daniel Felz, Lance Taubin, Colton Jackson and Hyun Jai Oh

On July 11, 2024, the New York Department of Financial Services (“NYDFS”) released Insurance Circular Letter No. 7, which establishes guidelines on the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing (“Final Circular Letter”). The Final Circular Letter comes in the wake of a […]

Filed Under: AI, Artificial Intelligence Tagged With: AI, Artificial Intelligence, Insurance, Regulatory Enforcement

LockBit Takedown Indicates Shifting DOJ Cyber Strategy and Has Implications for Ransomware Victims

May 15, 2024 By Kim Peretti, Seol Namgoong and Colton Jackson

On May 7, 2024,  the United States unsealed an indictment against Dmitry Yuryevich Khoroshev, one of the leaders of the Russian-based ransomware group LockBit, for his alleged involvement in developing and distributing the LockBit ransomware. According to the indictment, Khoroshev performed both administrative and operational roles for the cybercrime group, including upgrading the LockBit infrastructure, […]

Filed Under: Cybercrime, Cybersecurity, Data Breach, Digital Crimes, Enforcement, Ransomware Tagged With: Cybersecurity, Department of Justice (DOJ), Ransomware

NYDFS Releases Circular Letter on Use of AI in Insurance Underwriting and Pricing

February 1, 2024 By Kim Peretti, Daniel Felz, Lance Taubin and Colton Jackson

On January 17, 2024, the New York State Department of Financial Services (“NYDFS”) issued a proposed circular letter for comment regarding the “Use of Artificial Intelligence Systems and External Consumer Data and Information Sources in Insurance Underwriting and Pricing” (the “Circular Letter”). The Circular Letter details NYDFS’ expectations and guidelines for the use of artificial […]

Filed Under: AI, Artificial Intelligence, Regulation Tagged With: AI, Artificial Intelligence, Insurance, National Institute for Standards and Technology (NIST), NYDFS

NYDFS Releases Industry Letter on the Use of Self-Service Password Reset Feature

January 23, 2024 By Kim Peretti, Kate Hanniford, Lance Taubin, Ashley Miller and Colton Jackson

On January 12, 2024, the New York State Department of Financial Services (“NYDFS”) released a new Industry Letter on the use of self-service password reset (“SSPR”) services, which enable users to reset their own password without the assistance of help desk or IT professionals. The Industry Letter discusses the risks associated with the use of […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Digital Crimes Tagged With: Cybersecurity, SSPR

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