On August 1, 2024, New York Attorney General (“AG”) Letitia James issued two advanced notices of proposed rulemaking (“ANPRs”) for the Stop Addictive Feeds Exploitation (SAFE) for Kids Act (the “SAFE Act”) and the Child Data Protection Act (the “CDPA”), both of which New York Governor Kathy Hochul signed into law on June 20, 2024. […]
Advisories
Senate Passes Bill for Kids Online Safety and Privacy Act
On July 30, 2024, in a 91-3 vote, the U.S. Senate passed the bill for the Kids Online Safety and Privacy Act (the “Bill”). The Bill, which combines the bills for the Kids Online Safety Act (“KOSA”) and the Children and Teens’ Online Privacy Protection Act (“CTOPPA”), aims to expand online safety and privacy protections […]
What to Tell Your C-Suite About the EU AI Act
On July 12, 2024, the European Union’s long-awaited Artificial Intelligence Act (AI Act) was finally published. It will enter into force on the twentieth day following its publication; i.e., on August 1, 2024. The AI Act is a landmark legal framework that imposes obligations on both private and public sector actors that develop, import, distribute, […]
SEC Settlement Suggests the Agency’s Attempt to Regulate Cybersecurity Controls
On June 18, 2024, the SEC announced a $2.125 million settlement with R.R. Donnelley & Sons Co. (“RRD”) related to the company’s 2021 ransomware attack (the “Incident”). The settlement, and the SEC’s accompanying cease-and-desist order (the “Order”), portend the agency’s continued and increasing oversight over registrants’ cybersecurity policies and practices. Background RRD is a global […]
EU Artificial Intelligence Act Signed Into Law
Today, the EU Artificial Intelligence Act (‘AI Act’) was signed into law. The AI Act will impose obligations on both private and public sector actors which provide, import, distribute, or deploy in-scope AI systems. It also contains obligations which apply in connection with general-purpose AI models. The AI Act has explicit extra-territorial effect, which means […]