On December 8, 2023, following marathon negotiations, European Union (‘EU’) legislators reached a political agreement on the much-anticipated EU Artificial Intelligence Act (‘AI Act’). The AI Act is billed as the first comprehensive legal framework … [Read more] about Companies Prepare for Change as EU Legislators Agree on EU Artificial Intelligence Act
On December 8, 2023, the California Privacy Protection Agency (CPPA) will hold a board meeting seeking public comment on various privacy regulations. The meeting, which will take place on Zoom, will cover several topics listed in its published … [Read more] about CPPA Publishes Revised Cybersecurity Audit Regulations in Advance of Board Meeting
On November 21, 2023, the Colorado Attorney General (the “AG”) published a shortlist of potential universal opt-out mechanisms (“UOOMs”) that the AG is considering recognizing as binding under the Colorado Privacy Act (the “CPA”). Beginning on … [Read more] about Colorado AG Publishes Shortlist of Universal Opt-Out Mechanisms
Just a month before the Security and Exchange Commission’s (“SEC’s”) Material Cybersecurity Incidents Rule is set to take effect, a ransomware group has apparently taken compliance with reporting requirements into its own hands. On November 15, … [Read more] about Ransomware Group, in Midst of Extortion Attempt, Files Regulatory Notice with SEC
On October 27, 2023, the FTC approved an amendment to the Safeguards Rule (the “Amendment”) requiring that non-banking financial institutions notify the FTC in the event of a defined “Notification Event” where customer information of 500 or … [Read more] about FTC Approves New Data Breach Notification Requirement for Non-Banking Financial Institutions