Joshua A. Goland – Debevoise Data Blog

Artificial Intelligence

Top 10 (Well, 11) Cybersecurity Blog Posts for 2024

By: Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Gareth Hughes, Erez Liebermann, Jim Pastore, Caroline Novogrod Swett, Marshal Bozzo, Matt Kelly, Robert Maddox, Johanna Skrzypczyk, HJ Brehmer, Stephanie Cipolla, Jackie Dorward, Melyssa Eigen, Joshua A. Goland, Martha Hirst, Karen Joo, Gabriel Kohan, Jarrett Lewis, Noah L. Schwartz, Ned Terrace, Stephanie Thomas, Annabella M. Waszkiewicz, Michiko Wongso and Mengyi Xu December 10, 2024

As we approach the end of the year, here are the Top 10 Cybersecurity posts on the Debevoise Data Blog in 2024 by page views. If you are not already…

Artificial Intelligence

Part 500, One Year Later (Part Two) – Defining “Material Compliance”

By: Luke Dembosky, Avi Gesser, Erez Liebermann, Stephanie Thomas and Joshua A. Goland November 13, 2024

November 1, 2024 marked the one-year anniversary of the second amendment to the New York Department of Financial Services’ (“NYDFS” or the “Department”) Cybersecurity Regulation (the “Regulation” or “Part 500”).…

Cybersecurity

NYDFS Part 500, One Year Later (Part One) – New Requirements Effective November 1, 2024

By: Avi Gesser, Erez Liebermann, Stephanie Thomas and Joshua A. Goland October 30, 2024

November 1, 2024, marks the one-year anniversary of the second amendment to the New York Department of Financial Services’ (“NYDFS” or the “Department”) Cybersecurity Regulation (the “Regulation” or “Part 500”).…

Artificial Intelligence

Good AI Vendor Risk Management Is Hard, But Doable

By: Avi Gesser, Matt Kelly, Johanna Skrzypczyk, Tigist Kassahun, Jarrett Lewis and Joshua A. Goland September 26, 2024

As companies slowly ramp up the depth and breadth of their AI adoption, one of the most difficult challenges they face is managing third-party risk. Most companies contemplating AI adoption…

Artificial Intelligence

Guidelines on the Use of Generative AI Tools by Professionals from the American Bar Association

By: Avi Gesser, Erez Liebermann, Michelle Huang and Joshua A. Goland August 5, 2024

On July 29, 2024, the Standing Committee on Ethics and Professional Responsibility of the American Bar Association (“ABA”) published Formal Opinion 512, providing guidance on the ethical use of generative…

Announcement

Financial Services Industry Comments on CISA’s Proposed Reporting Obligations for Critical Infrastructure

By: Erez Liebermann, Gabriel Kohan, HJ Brehmer, Stephanie Thomas, Jarrett Lewis, Melyssa Eigen, Joshua A. Goland and Annabella M. Waszkiewicz July 10, 2024

Debevoise’s Data Strategy and Security group recently assisted four leading trade associations that represent the financial services industry in preparing a joint comment letter in response to the Cybersecurity and…

Artificial Intelligence

Treasury’s Report on AI (Part 2) – Managing AI-Specific Cybersecurity Risks in the Financial Sector

By: Avi Gesser, Erez Liebermann, Matt Kelly, Jackie Dorward, Kyungjin Kim and Joshua A. Goland July 2, 2024

This is the second post in our two-part Debevoise Data Blog series covering the U.S. Treasury Department’s report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector (the “Report”). In…

Artificial Intelligence

Mitigating AI Risks for Customer Service Chatbots

By: Avi Gesser, Jim Pastore, Matt Kelly, Gabriel Kohan, Melissa Muse and Joshua A. Goland April 16, 2024

Online customer service chatbots have been around for years, allowing companies to triage customer queries with pre-programmed responses that addressed customers’ most common questions. Now, Generative AI (“GenAI”) chatbots have…

Artificial Intelligence

The Increasing Risks of AI Washing and Securities Fraud Class Actions

By: Maeve O'Connor, Avi Gesser, Jim Pastore, Kristin Snyder, Charu A. Chandrasekhar, Matt Kelly, Gabriel Kohan, Alexandra Mogul and Joshua A. Goland April 3, 2024

Many public companies are starting to face increased risks of securities class action litigation based on statements about their use of AI that are alleged to have been false or…