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European Commission Publishes Proposal for Artificial Intelligence Act

Hunton Privacy

On April 21, 2021, the European Commission (the “Commission”) published its Proposal for a Regulation on a European approach for Artificial Intelligence (the “Artificial Intelligence Act”). The Commission commented that the vast majority of AI systems currently used would fall into this final category.

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California Privacy Law Overhaul – Proposition 24 Passes

Data Matters

It does not expand the private right of action to all CCPA violations; it retains the opt-out consent model for the sale of personal information; and it leaves room for the continued use of loyalty and other financial incentive programs that rely upon the use of consumers’ personal information. A Closer Look at Key CPRA Provisions.

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U.S. Commerce Department Proposes Expansion of Information and Communications Technology and Services Review Process

Data Matters

When and with what information may Commerce initiate a review under the ICTS review mechanism? 5 Parties to covered transactions are not subject to any affirmative reporting requirements unless and until Commerce requests information from them. As part of its request, Commerce asked parties to respond to specific questions.

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European Parliament Agrees on Position on the AI Act

Hunton Privacy

On June 14, 2023, the European Parliament (“EP”) approved its negotiating mandate (the “EP’s Position”) regarding the EU’s Proposal for a Regulation laying down harmonized rules on Artificial Intelligence (the “AI Act”). The final version of the AI Act is expected before the end of 2023.

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U.S. Commerce Department Issues Interim Regulations Establishing Review Process for Information and Communications Technology and Services Supply Chains

Data Matters

While the focus on the rules is not foreign investment per se , it will complement the Committee on Foreign Investment in the United States’ (CFIUS) investment security review mechanisms. As part of its initial review, Commerce will consult with appropriate agency heads and may request information from persons involved in the transaction.

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CyberheistNews Vol 13 #14 [Eyes on the Prize] How Crafty Cons Attempted a 36 Million Vendor Email Heist

KnowBe4

But, according to security researchers at Abnormal Security, cybercriminals are becoming brazen and are taking their shots at very large prizes. According to Abnormal Security, nearly every aspect of the request looked legitimate. The email attaches a legitimate-looking payoff letter complete with loan details.

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DOJ Regulations and White House Executive Order Will Target Protections for Americans’ Sensitive Personal Data Against Foreign Threat Actors

Hunton Privacy

On February 28, 2024, President Biden released an Executive Order (“EO”) “addressing the extraordinary and unusual national security threat posed by the continued effort of certain countries of concern to access Americans’ bulk sensitive personal data and certain U.S. Government-related data.”