The SEC has released its Examination Priorities: Fiscal Year 2025 (“Examination Priorities”), which may be a useful roadmap to SEC-registered investment advisers, exchanges, and other entities subject to routine examination by the SEC Division of … [Read more] about SEC 2025 Examination Priorities Indicate Sustained Focus on Cybersecurity & Data Protection
On October 24, 2024, President Biden signed the first-ever National Security Memorandum (“NSM”) focused on artificial intelligence (“AI”), pursuant to subsection 4.8 of Executive Order 14110. The NSM provides guidance on developing, employing, and … [Read more] about President Biden Signs First National Security Memorandum Focused on AI
In the July 2024 King’s Speech, the UK government announced its intention to introduce a Cyber Security and Resilience Bill (the “Bill”) to improve the UK’s cyber defenses and protect essential public services. The announcement comes as companies and … [Read more] about Forthcoming UK Cyber Security and Resilience Bill to Boost the UK’s Cyber Defenses
On October 15, 2024, the Cyber Security Agency of Singapore (“CSA”) published Guidelines on Securing AI Systems (the “Guidelines”) alongside a Companion Guide for Securing AI Systems (the “Companion Guide”), which is intended to serve as support for … [Read more] about Singapore Cybersecurity Agency Publishes Guidelines on Securing AI Systems
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 … [Read more] about NYDFS Issues Guidance on Artificial Intelligence-related Cybersecurity Risks