The Children’s Advertising Review Unit (CARU) of BBB National Programs issued a new compliance warning aimed at addressing the use of artificial intelligence (AI) in advertisements and data collection efforts targeted at children. The warning emphasizes that CARU will “strictly enforce” its Advertising and Privacy Guidelines for advertisers, brands, influencers and manufacturers that utilize AI
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CIPL Publishes White Paper on Leveraging Data Responsibly and a Holistic Data Strategy
In April 2024, the Centre for Information Policy Leadership at Hunton Andrews Kurth published a white paper on Leveraging Data Responsibly: Why Boards and the C-Suite Need to Embrace a Holistic Data Strategy.…
The Hunton Policyholder’s Guide to Artificial Intelligence: Artificial Intelligence-Related Securities Exposures Underscore the Importance of Thorough AI Insurance Audits
As we explained in our introductory post, rapid advancements in artificial intelligence (AI) present multifaceted risks for businesses of all types. The magnitude, fluidity and specificity of these risks underscore why businesses should continually audit their own unique AI risks profiles to best understand and respond to the hazards posed by AI.…
UK ICO Launches Latest Installment in the AI Consultation Series
On April 12, 2024, the UK Information Commissioner’s Office launched the third installment in its consultation series examining how data protection law applies to the development and use of generative AI.…
AI in Real Estate: Prospects and Pitfalls
By Jimmy Bui
Artificial intelligence (“AI”) is often touted as the latest transformative technology set to revolutionize the commercial real estate industry. This may seem like grandstanding, but the hype is real. AI is already being implemented by law firms and their clients to streamline business processes. AI, however, is ultimately a tool and whether tools make our…
White House Executive Order on AI Rulemaking Efforts Advances as NTIA and White House OMB Issue Reports and Guidance
On March 27, 2024, the National Telecommunications and Information Administration (“NTIA”) issued its AI Accountability Report, and, on March 28, 2024, the White House announced the Office of Budget and Management’s (“OMB’s”) government-wide policy on AI risk management.…
U.S. and UK Sign AI Safety Memorandum of Understanding
On April 1, 2024, the U.S. and UK signed a Memorandum of Understanding that details how the U.S. and UK will work together to develop tests for advanced AI models.…
CNIL Publishes Latest Edition of Its Practice Guide for the Security of Personal Data
On March 26, 2024, the CNIL published the 2024 edition of its Practice Guide for the Security of Personal Data, which is intended to support organizations in their efforts to implement adequate security measures in compliance with their security obligations under the GDPR.…
Recent Gensler Speech Highlights SEC’s Two-Fold AI Disclosure Concerns
In a speech before the Yale Law School February 2024, SEC Chair Gary Gensler had AI top of mind. Interrupted only by a colorful collection of movie references, Chair Gensler focused almost the entirety of his remarks on AI and the SEC’s corresponding regulatory duties. Chair Gensler addressed the risks associated with AI while cautioning…
Utah Governor Signs Spate of Privacy Bills into Law
Last week, Utah Governor Spencer J. Cox signed three privacy-related bills into law. The bills are focused on, respectively, protection of motor vehicle consumer data, regulations on social media companies with respect to minors, and access to protected health information by third parties.…