AI adoption is now mainstream: 88% of businesses use AI in at least one function, with global spending expected to exceed $1.5 trillion in 2025 and approach $2 trillion in 2026. As organizations race to scale AI, many have relied upon traditional vendor risk management policies to vet third-party AI vendors and tools; however, implementation
AI-Related Securities Suit Filed Against Israeli Software Company
Among the challenges companies face as they incorporate AI into their business strategies is accurately projecting the impact the AI-based approach will have on their business and financial results. Business outcomes may fall short of expectations to the disappointment of investors, which in turn can lead to securities litigation. In the latest example of this
AI-Powered Fraud Is Hitting Canadian Companies’ Bottom Lines, KPMG Says
A new KPMG Canada survey says AI-enabled fraud is affecting Canadian businesses, with many organizations reporting losses linked to phishing, deepfakes, and voice-cloning scams.
Artificial intelligence-powered fraud is increasingly affecting Canadian companies, according to a new KPMG Canada survey of business leaders.
The report says 72 per cent of Canadian organizations experienced AI-driven fraud that
Fraud Prevention Month Highlights Rising Scam Losses as Canadians Report More Than $704 Million Lost in 2025
Federal agencies are warning Canadians to remain alert to scams as newly released data shows reported fraud losses exceeded $704 million in 2025. As part of the 22nd annual Fraud Prevention Month campaign, the Competition Bureau, the Canadian Anti-Fraud Centre, and the RCMP are urging the public to recognize common fraud tactics, report suspicious activity,
Rising Number of Scams Now Use AI, Toronto Police Warn
Toronto police are warning that scammers are increasingly using artificial intelligence to make fraud attempts more targeted and believable. Investigators say AI is helping criminals gather personal information quickly, tailor their messages, and impersonate trusted institutions with greater credibility.
Toronto police are warning that a growing number of fraud attempts are now being enhanced by
Scammers Use Current Events in New Fraud Attempts, Interac Survey Suggests
A new Interac-commissioned survey suggests fraudsters are increasingly using breaking news and current events to make scams appear more believable. The report found many Canadians have recently encountered tariff-related fraud attempts tied to trade uncertainty between Canada and the United States.
A new survey commissioned by Interac suggests fraudsters are increasingly tailoring their schemes to
Debevoise Discusses Judge Rakoff’s Written Opinion on AI-Generated Documents
We wrote recently about a decision in which Judge Rakoff of the Southern District of New York denied the claim of defendant Bradley Heppner that documents prepared by Heppner using the consumer version of the AI model Claude for legal research were privileged. On February 17, 2026, Judge Rakoff issued a written opinion explaining the
Intel Derivative Suit Tests Governance Implications of Government Equity Stakes
During my panel, “Shifting Ground: D&O in a Changing World,” at the Professional Underwriting Liability Society (PLUS)’s annual D&O Symposium, I noted the potential for emerging risks stemming from the U.S. government’s recent role as a shareholder in publicly traded companies, including Intel Corp. (Intel).
On March 5, 2026, an Intel investor filed his Verified
From Edge to Orbit: Commercial and Government Momentum for Space-Based AI Processing
AI’s intensive computational demands have ignited a brainstorm within the digital infrastructure industry to figure out how to expand architecture. Less than a year ago, the idea of launching high‑throughput compute on low‑Earth orbit satellites to satisfy this need seemed speculative.
How 2026 Will Reshape Entertainment & Media Law
How 2026 Will Reshape Entertainment & Media Law by Beth B. Moore
How 2026 Will Reshape Entertainment & Media Law
Entertainment and media legal strategy now begins at the moment content is created
Entertainment and media law is entering a structural transition. Legal decision making once focused on contracts, clearance reviews, and disputes that emerged