U.S. Securities and Exchange Commission Finalizes Cybersecurity Disclosure Rules

The U.S. Securities and Exchange Commission adopted final rules requiring that public companies disclose material cybersecurity incidents. The rules also require periodic disclosure of a public company’s cybersecurity risk management, strategy, and governance in annual reports.

According to the rules, new forms will require public companies to disclose any cybersecurity incident they determine to be material. The forms also seek ...

Israeli Government To Establish an Investigative Commission on Police Use of Spyware

The Israeli Minister of Justice, Yariv Levin, will establish a governmental investigation commission to examine the Israeli police’s use of NSO’s Pegasus spyware. The committee will be headed by retired Judge Moshe Drori, who is recognized as a supporter of the Israeli government’s plans to overhaul the judiciary. Judge Drori will be joined by the former chief of public defenders, ...

Google and OpenAI Were Hit with Lawsuits on the Use of AI

American Comedian Sarah Silverman and writers Christopher Golden and Richard Kadrey are jointly suing OpenAI, the developer of ChatGPT, in a federal court in California. They assert that OpenAI, a leading artificial intelligence research organization, infringed copyrights when it used copyrighted works to train its advanced language model, GPT. The lawsuit seeks class action certification.

According to the plaintiffs, OpenAI ...

FTC Investigates OpenAI Regarding Deceptive Practices and Data Breach

The U.S. Federal Trade Commission (FTC) sent OpenAI a letter of inquiry, demanding that the company explain how it deals with risks arising from artificial intelligence. The FTC is requiring that OpenAI describe all complaints it has received about its products (such as ChatGPT) which involve receiving ‘false, misleading, derogatory, or harmful’ information about people. The commission is also demanding ...

China Begins Regulating Generative AI Services

The Cyberspace Administration of China (CAC) has published interim measures for the regulation of Generative Artificial Intelligence (GAI) services. These measures will apply to organizations and individuals providing GAI services in China, including content generation (text, images, audio, and video). Developers who do not offer services based on GAI will be exempt from these rules.

The measures require the prevention ...

Artificial Intelligence Companies will Implement Safeguards in AI tools

Seven leading Artificial Intelligence (AI) companies based in the United States have agreed to voluntarily implement safeguards in AI development. The companies are Amazon, Anthropic, Google, Meta (formerly Facebook), Inflection, Microsoft, and OpenAI. Their announcement came after a meeting with President Biden at the White House, where the companies pledged to implement new measures for safety, security, and trust in ...

The European Court of Human Rights Says Facial Recognition Violates Freedom of Expression and Privacy

The Israeli Minister of Justice, Yariv Levin, will establish a governmental investigation commission to examine the Israeli police’s use of NSO’s Pegasus spyware. The committee will be headed by retired Judge Moshe Drori, who is recognized as a supporter of the Israeli government’s plans to overhaul the judiciary. Judge Drori will be joined by the former chief of public defenders, ...

EU Commission Announces U.S. Adequacy under the EU-US Data Privacy Framework

The European Commission has announced that the United States is an adequate country for the transfer of personal data under the new EU-US Data Privacy Framework (DPF). The adequacy recognition means that the United States provides a level of protection of personal data essentially equivalent to the EU’s General Data Protection Regulation (GDPR).

The announcement concludes a trans-Atlantic process triggered ...