The first requirements under the EU Artificial Intelligence (AI) Act come into effect on February 2, 2025, banning the use of AI systems that involve prohibited AI practices and requiring providers and deployers of AI systems...more
2/7/2025
/ Artificial Intelligence ,
Data Protection ,
Employee Training ,
EU ,
Facial Recognition Technology ,
Innovative Technology ,
Machine Learning ,
Professional Development ,
Regulation ,
Regulatory Requirements ,
Risk Management ,
Technology Sector
Artificial intelligence (AI) and other emerging technologies have the potential to revolutionize the financial industry. At the same time, its use introduces new risks that need to be anticipated and addressed. This paper...more
1/24/2025
/ Algorithms ,
Artificial Intelligence ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Emerging Technologies ,
Employment Discrimination ,
Financial Institutions ,
Financial Services Industry ,
Innovative Technology ,
Machine Learning ,
Regulatory Agenda ,
Risk Assessment ,
Risk Management
Beginning 17 January 2025, the Digital Operational Resilience Act (DORA) will apply to almost all EU financial entities, including banks, insurers and reinsurers, brokers , payment and electronic money institutions,...more
1/20/2025
/ Cryptoassets ,
Cybersecurity ,
Data Security ,
Digital Operational Resilience Act (DORA) ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Information and Communication Technology (ICT) ,
Information Technology ,
Regulatory Requirements ,
Risk Management
On 17 October 2024, the European Commission adopted the first Implementing Regulation under the Network and Information Security 2 Directive (EU) 2022/2555 (NIS2), focusing on digital infrastructures and services. The...more
10/21/2024
/ Cloud Computing ,
Cyber Incident Reporting ,
Cybersecurity ,
Data Centers ,
Data Protection ,
EU ,
European Commission ,
Incident Response Plans ,
Infrastructure ,
Member State ,
New Regulations ,
Online Marketplace ,
Regulatory Requirements ,
Risk Management
The Network and Information Security 2 Directive (EU) 2022/2555 ("NIS2") entered into force on 16 January 2023. NIS2 sets cyber rules for organizations whose services are considered essential or important for maintaining...more
8/5/2024
/ Compliance ,
Cybersecurity ,
Data Protection ,
Data Security ,
EU ,
EU Directive ,
European Commission ,
Member State ,
New Legislation ,
Public Policy ,
Risk Management
Mayer Brown Partners Ana Bruder, Justin Herring, and Oliver Yaros focus on cybersecurity risks and regulations in the EU and UK. They explore third-party risks, ransomware incidents, and the impact of AI, while examining how...more
As the European Union sets the stage for groundbreaking AI regulation, our podcast offers a comprehensive exploration of this landmark legislation. Join us as we dissect the EU AI Act, unpacking its key provisions and...more
As the European Union sets the stage for groundbreaking AI regulation, our podcast offers a comprehensive exploration of this landmark legislation. Join us as we dissect the EU AI Act, unpacking its key provisions and...more
Join us on the latest episode of Financial Services Focus as Justin Herring, Jeff Taft and Ana Bruder discuss key cyber threats facing the financial services industry, including third-party risks, sophisticated ransomware,...more