Making Utah the first U.S. state to enact a major artificial intelligence (AI) statute governing private-sector AI usage, on March 13, 2024—coincidentally, the same day the European Parliament adopted the EU AI Act—Utah Gov. Cox signed into law S.B. 149 (AI Law). The AI Law, set to take effect May 1, 2024, was incorporated
This GT Advisory considers the application of state unclaimed property laws to cryptocurrencies, and the potential implications and challenges of such application for both industry participants and state unclaimed property administrators.
The use of blockchain technology and the issuance of cryptocurrencies have grown considerably in recent years, inviting heightened scrutiny and regulation. While federal securities,
2018 was a year of transformation for the blockchain industry. While the market continued to see technological advancements in smart contracts, platform functionality, scalability and security, regulators took a firmer rein in pursuing those seeking to exploit the uninitiated or those engaged in outright fraud. In this issue of Greenberg Traurig’s Blockchain & Cryptocurrency Newsletter,
After years of collaboration, the National Cybersecurity Center of Excellence (NCCoE) at the National Institute of Standards and Technology (NIST) has published a cybersecurity guide for electronic health record (EHR) applications on mobile devices (see “Securing Electronic Health Records on Mobile Devices,” SP 1800-1, published July 27, 2018). Even if your organization has
On 5 July 2017, the new German Data Protection Act (BDSG-new) was officially published in the Federal Gazette. BDSG-new will fully replace the current German Federal Data Protection Act (BDSG) and is intended to adjust the German legal framework to the new European General Data Protection Regulation (GDPR). Both BDSG-new and the GDPR will become
Migration is already underway, but some of the world’s largest organizations are still reluctant. They handle proprietary data and a staggering volume of transactions. They want to marshal information and deliver nuanced results. But a lack of appreciation for the Cloud’s promise, together with questions surrounding security and cost, make many CTOs and COOs cling to legacy systems.
At the surface, the Cloud is seemingly straightforward even for occasional users; using encryption and/or password protection, individuals log on to a website, smartphone app, or similar “thin” interface. They may send an email, manage ‘Internet-of-things’ controls, reserve a seat, store a document, access a data base, or subscribe to an online tool for accounting or lead tracking. While it’s clear that the “back office” intelligence sits someplace else, users probably don’t appreciate the architecture.
Understanding the Cloud’s capabilities and shortcomings is key to a thoughtful migration strategy. Can organizations really save money by replacing their on-premise solutions? How do they comply with regulations around the world addressing the collection, use and transfer of personal data? When migrating, do they retain control of their systems? What about cyber security? Here’s a simplified description for non-technologists!
Global Firm Makes Major Strategic Moves in Crisis Management, Cybersecurity, White Collar Defense and Investigations
NEW YORK (January 19, 2016) — Former New York City Mayor Rudolph W. Giuliani has announced he will join global law firm Greenberg Traurig LLP, as Global Chair of the firm’s Cybersecurity and Crisis Management Practice and Senior Advisor
Cyber liability may have been an exotic notion as recently as a couple of years ago. But today, even after notorious breaches, some organizations still don’t appreciate that leaving firewalls and other technology-based precautions to the “IT Guys” won’t cut it. Effective management of a data security incident benefits from adequately addressing risks at all
After seeking to pass broad private sector cybersecurity legislation for a number of years, Congress finally passed and the President signed into law the Cybersecurity Act of 2015 (Cybersecurity Act).
The Cybersecurity Act makes three key changes in current law. First, it provides explicit authorization for companies to share cyber threat information with each other and the government, as well as receive such information. Second, it authorizes private sector use of defensive measures, and third it provides a safe harbor from liability for sharing the cyber threat or defensive measure information in good faith in compliance with the safeguards required by the legislation.Continue Reading Congress Finally Passes the Cybersecurity Act of 2015