Virginia, a leader in technology and privacy related regulations, is methodically examining artificial intelligence legislation. In particular, significant legislation establishing a regulatory framework for high-risk...more
12/19/2024
/ Artificial Intelligence ,
Disclosure Requirements ,
Legislative Agendas ,
Machine Learning ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Management ,
Technology Sector ,
Transparency ,
Virginia
On March 13, 2024, the European Union’s parliament formally approved the EU AI Act (pdf), making it the world’s first major set of regulatory ground rules to govern generative artificial intelligence (AI) technology. The EU...more
3/14/2024
/ Artificial Intelligence ,
Biometric Information ,
Disclosure Requirements ,
Endorsements ,
Enforcement ,
EU ,
Facial Recognition Technology ,
General Data Protection Regulation (GDPR) ,
Governance Standards ,
Noncompliance ,
Penalties ,
Safeguards Rule ,
Transparency
Publicly traded companies have tangled with the question of when a cybersecurity incident should be disclosed to the public and investors. In a bid to add clarity to the topic, the U.S. Securities and Exchange Commission...more
10/17/2023
/ Corporate Governance ,
Cyber Attacks ,
Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Final Rules ,
Publicly-Traded Companies ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
In an opinion released on March 10, 2022, California Attorney General Rob Bonta addressed the applicability of the “right to know” under the California Consumer Privacy Act (CCPA) (pdf) to internal inferences that...more
4/18/2022
/ Algorithms ,
California Consumer Privacy Act (CCPA) ,
Data Breach Plans ,
Data Collection ,
Data Privacy ,
Disclosure Requirements ,
Inference ,
Personal Information ,
Privacy Notice Rule ,
Proprietary Information ,
Record Retention ,
Right To Know ,
Security Controls
This month, the Securities and Exchange Commission (SEC) proposed new cybersecurity disclosure rules for publicly traded companies. The comment period is ongoing, but the take-away for public companies is immediate: a public...more
Supreme Court of Virginia Declines Certified Questions from Federal Court in In re: Capital One Consumer Data Security Breach Litigation -
The lawsuit In re: Capital One Consumer Data Security Breach Litigation, has already...more
11/30/2021
/ Capital One ,
Contract Claims ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Economic Loss Doctrine ,
Negligence ,
Personal Information ,
Popular ,
Security Breach ,
VA Supreme Court