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Biometric Information Financial Institutions

Hudson Cook, LLP

New Texas Law Offers Financial Institutions an Innovation-Friendly AI Framework

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On May 31, 2025, Texas enacted HB 149, the Texas Responsible Artificial Intelligence Governance Act, creating one of the most comprehensive state-level frameworks to date for regulating artificial intelligence....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New York State Department of Financial Services Releases Guidance on Combating Cybersecurity Risks Associated With AI

On October 16, 2024, the New York State Department of Financial Services (NYDFS) released guidance highlighting the cybersecurity risks associated with artificial intelligence (AI) and how covered entities regulated by NYDFS...more

Spilman Thomas & Battle, PLLC

Decoded - Technology Law Insights, V 5, Issue 2, March 2024

HHS Cybersecurity Performance Goals and the Healthcare Industry - The healthcare industry is a major target for cyberattacks because of all of the personal information collected from patients. Recognizing that the healthcare...more

Holland & Knight LLP

Holland & Knight Data Privacy and Security Report: November 2023

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Welcome to Holland & Knight's monthly data privacy and security news update that includes the latest in policy, regulatory updates and other significant developments....more

Orrick, Herrington & Sutcliffe LLP

ID verification provider to pay $28.5 million to settle BIPA allegations

On May 5, the U.S. District Court for the Northern District of Illinois preliminarily approved an amended class action settlement in which an identification verification service provider agreed to pay $28.5 million to settle...more

Katten Muchin Rosenman LLP

Privacy, Data and Cybersecurity Quick Clicks | Issue 4

Utah Is the First State to Limit Teens Under 18 From Social Media Access - Utah Gov. Spencer Cox (R) signed two bills on March 23 (SB 152 and HB 311) prohibiting children under the age of 18 from using social media between...more

Katten Muchin Rosenman LLP

BIPA: What Recent Court Decisions Mean for the Financial Industry

Class action plaintiffs' firms — spurred on by a significant recent expansion of available damages for biometric privacy suits — have begun targeting the financial industry. The Illinois Biometric Information Privacy Act...more

Blank Rome LLP

Analyzing BIPA's Financial Institution Exemption

Blank Rome LLP on

Since the Illinois Supreme Court's 2019 decision in Rosenbach v. Six Flags Entm't Corp., 129 N.E.3d 1197 (Ill. 2019)—which held that no actual injury or harm is needed to pursue claims for purported violations of Illinois's...more

Womble Bond Dickinson

Fins to the Left; Fins to the Right – Florida Considers a Private Right of Action for Biometric Privacy Violations

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And if you are collecting, storing or using biometric information of any Parrotheads, you may end up being the only bait in town. A bill to create the Florida Biometric Privacy Act was just introduced in the Sunshine State...more

Kilpatrick

Six Ways to Improve Cybersecurity Policies and Procedures

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The SEC has declared cybersecurity to be an examination priority for financial institutions (i.e., broker-dealers, investment advisers, and registered investment companies) in each of the past four years. While the SEC’s...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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With politics swirling around in the background, the AT&T/Time Warner mega-merger is still up in the air, with DOJ antitrust officials still working away (8 months after the deal was announced) to determine whether...more

Akerman LLP - Health Law Rx

“My, what beautiful eyes you have . . .” – Biometric Data and Privacy

Biometric data – obviously not in just the movies anymore. It is alive, well, and increasingly being used in our everyday society. But, on September 23, 2015, when the Office of Personnel Management revealed that fingerprint...more

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