All Technology articles
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Premium’Future-proofing’ products for safety next level of regulation under EU GPSR
Any product that uses AI needs to be safety assessed for its entire lifespan under new rules that went into effect recently across the EU. Experts warned companies using AI to tailor products could be classed as “manufacturers” and face the same duty of care as developed.
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Blog
Formic names first GC
Formic, which specializes in robotics, industrial automation, and manufacturing, announced the addition of Todd Plotner as the company’s first general counsel.
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Blog
Thumbtack appoints chief legal officer
Technology company Thumbtack announced the addition of Susan Rammelt as chief legal officer.
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WebcastCPE Webcast: Ready, Set, Govern: Integrating AI governance into corporate compliance programs
Benchmark your artificial intelligence governance maturity against peers and discover how to effectively integrate AI governance into corporate compliance programs.
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Blog
Option3 names ex-Bloomberg GC as operating partner
Cybersecurity private equity specialist Option3 appointed Karl Kilb III, former general counsel of Bloomberg, as operating partner, also naming him chief strategy officer for its new ENIGMA Zero Trust platform.
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PremiumSurvey: Organizations broadly adopting AI, with varied governance
The majority of businesses are using AI and doing so without governance–a compliance gap that poses extreme risks, a new survey by Compliance Week and GAN Integrity found. A webinar will discuss why it is crucial to have AI governance, how to implement it, and what strategies to strengthen programs. ...
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PremiumWorries DOJ is ‘dumping’ AI responsibilities on compliance departments in ECCP update
When the DOJ released its revised Evaluation of Corporate Compliance Programs, it turned some heads. Tucked into a section on risk assessments was a strongly worded series of questions that appeared to shoulder compliance teams with the responsibility for ensuring the safe use of AI tools by their firms.
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PremiumCompliance’s fit in AI governance: Reading between lines of DOJ’s updated ECCP guidance
The Department of Justice’s Evaluation of Corporate Compliance Programs has made the importance of artificial intelligence governance frameworks clear, but it didn’t say what role compliance should play. Here’s the answer.
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PremiumProposed CFPB rule would attempt to rein in data broker buying, selling
Data brokers have been getting away with selling Americans’ personal and financial data without adequate protections, an illegal practice that a new rule proposed by the Consumer Financial Protection Bureau will intend to stop, CFPB Director Rohit Chopra said.
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Blog
Ionic Digital announces legal chief
Ionic Digital announced the appointment of Laura Schnaidt to the role of chief legal officer.
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Blog
Congruex welcomes general counsel
Congruex, an end-to-end provider of digital network services, announced that Kathryn Ford has been appointed as the company’s general counsel.
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Blog
Wolfspeed names general counsel
Silicon carbide technologies provider Wolfspeed announced that Melissa Garrett has been appointed senior vice president and general counsel, effective Dec. 9.
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News BriefDOJ offers antitrust compliance guidance in ECCP update
The Department of Justice has added antitrust compliance guidance in an update to its Evaluation of Corporate Compliance Programs.
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News BriefDOJ recommends Google sell Chrome browser to break up monopoly
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
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News BriefFinal CFPB rule requires Big Tech pay apps to comply with bank rules
Big Tech digital payment apps will be subjected to increased oversight and requirements–similar to that of banks and credit unions–under a finalized rule by the Consumer Financial Protection Bureau.
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PremiumGood AI governance starts with proactive, continuous risk assessments
Data governance has become a key concern for companies, especially when the EU AI Act and General Data Protection Regulation have put a premium on handling data responsibly and ensuring that artificial intelligence does not cause harm.
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News BriefEuropean Commission accuses Meta of anticompetive practices, issues $841M fine
Meta, the parent company of Facebook, has been fined nearly 798 million euros (U.S. $841 million) by the European Commission to resolve the agency’s long-running investigation into alleged “abusive practices” by Facebook Marketplace.
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News BriefFinCEN alerts financial institutions to be wary of AI-enabled deepfakes
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued an alert to financial institutions about their obligations to report deepfakes, warning artificial intelligence has given bad actors additional tools in their arsenal.
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Blog
Allegion names general counsel
Global security products and solutions provider Allegion reappointed Jeff Braun as senior vice president, general counsel and corporate secretary.
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News BriefFTC to monitor compliance at AI-enabled product review platform after misleading ratings
Artificial intelligence-enabled product review platform Sitejabber agreed to a 10-year compliance monitorship with the Federal Trade Commission following allegations that it inflated product ratings and misled the public.