AIPost-Election - Initial Government Insights - Lexology
That said, and in some ways unexpectedly,artificial intelligence(“AI...risksand securely developing generative AI systems and dual-use …
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ASIC report on AI governance - learnings for licensees - Lexology
There were gaps in licensees' assessments of AI risks. Some licensees assessed risks through the lens of the business rather than the consumer …
AI& Your Business: Libel Risks - Lexology
...AI output, making it seem like the output is about the same person or entity. Libel byhallucination: the AI output text is simply not true. Libel …
AI& Your Business: Libel Risks- Lexology
AI& Your Business: Libel Risks· Libel by juxtaposition: This can result where truthful information about two different individuals or entities is …
Procuring AI:Risksorganisations must consider - Lexology
Procuring AI solutions presents new and uniquerisksthat organisations must consider to ensure the successful implementation of an AI product…
EUAIAct: Ten Facts for Organisations in the UK and US - Lexology
The EU'sAIAct (the "Act") is the world's first comprehensive AI law. The Act managesrisksposed by certain AI systems and prohibits certain…
Thai Perspectives onAIGovernance: Navigating Unique Realities Amidst Global Trends
AI Deepfakes are often used in disinformation and hallucinating facts ...AI Hallucinated.” While generative AI brings as much creation into …
Hallucinations & FabricationGovernance & Risk ManagementDeepfakes & Synthetic MediaMisinformation
European Union Artificial Intelligence Act Guide - Lexology
...risksand privacy issues prompting the need for robust regulatory frameworks. In response, the European Union has introduced theAIAct, a …
Privacy & SurveillanceRegulation & PolicyGovernance & Risk Management
Cyber Security Agency of Singapore releases guidelines on securing AI systems - Lexology
Planning and design: Businesses should anticipate potentialthreatsduring the design phase, including adversarial machine learning and supply chain …
Businesses go nuclear to power AI:risksand opportunities - Lexology Pro
evaluates the associatedrisksand opportunities. Companies and governments invest in nuclear energy to power AI. Generative AI uses …
Government & Public SectorChatbots & LLMsEnergy & Environment
The double-edged sword of AI: Navigating innovation and exploitation in the digital age
Fraud is a timeless challenge that has evolved with society, and no organisation is immune to itsrisks. It can manifest in many ways, …
Artificial intelligence| UK Regulatory Outlook October 2024 - Lexology
The government has announced the launch of the new Regulatory Innovation Office (Rio), as promised in its manifesto …
AICybersecurity Guidance Summary - NYDFS and Singapore CSA - Lexology
As regulators worldwide continue to scrutinize the impact of AI on industries within their respective purviews, two key global agencies issued…
OMB Issues Guidance to Agencies on Responsible Artificial Intelligence Acquisitions
Contractors interested in offering federal agenciesartificial intelligence(AI) can now glean insight into how agencies are expected to conduct …
DFS Issues NewAI-focused Guidance for Cybersecurity Regulation Compliance - Lexology
Design periodicriskassessments of the company's exposure toAI-relatedthreats, including by conducting due diligence of third parties and vendor …
NYDFS Speaks Out on AI and its Cybersecurity Risks- Lexology
The New York Department of Financial Services (“NYDFS”) recently published guidance on managing cyberrisksrelated to AI for the financial …
NYDFS Issues Guidance on Cybersecurity Risks Arising from Artificial Intelligence
Lexology...risksassociated with the use ofartificial intelligence(AI) and outlines strategies to manage theserisks. The Industry Letter, which only …
What FRFIs need to know about adopting AI: Key take-aways from the OSFI-FCACRisk Report
The Report highlights both internal and externalrisksfrom AI adoption. The keyrisksidentified include: Data governancerisks– Especially those …
Taking Responsibility - Guardrails for High-Risk AI- Lexology
The Australian Government has recognised that our current regulatory system is not fit for purpose to respond to the distinctrisksthat AI poses…
AIUse by Financial Institutions: OSFI and FCAC Recommendations for Sound Risk Management
The use of Artificial Intelligence("AI") by Federally regulated financial institutions ("FRFIs") is rapidly growing, together with therisks…
Banking & FinanceRegulation & PolicyGovernment & Public Sector
NY Department of Financial Services ReleasesAICybersecurity Guidance - Lexology
Covered entities should consider AI threatsas part of their periodic risk assessments and adjust their cybersecurity policies and procedures as …
6 ways to get started withAI- Lexology
With the rapid pace of development in AI, it's understandable people are concerned about using it. Whatrisksdoes it pose to the business?Riskssuch …
NY DFS Issues Guidance onAICyber Risk- Lexology
AICyber Risks As noted by NY DFS,AI has increased cybersecurityrisksof organizations in several ways. First, threat actors are using AI tools …
EUAIAct unpacked #16:Risksassociated with AI systems used in the workplace - Lexology
Article 5 of theAIAct provides that “AI systems with unacceptablerisk” (defined as systems that are suspected of violating fundamental rights …
Avoiding the Hype Trap: The RisksofAIWashing - Lexology
Investment in generativeartificial intelligenceis predicted to approach $200 billion globally by 2025. Spurred by the surge of interest …
TheAIAct's Impact on Businesses Operating Within the EU - Lexology
The first article (see link below) in this EUAIAct series provided, inter alia, a breakdown of the scope, applicability, timeline andrisk …
DOJ Criminal Division Issues Updated Guidance on Corporate Compliance Programs ... - Lexology
...risksofartificial intelligence(“AI”) and other new technologies. DOJ ...Riskassessments should account for emergingrisks, such as AI, as the …
The EUAIAct: Part Four - Low Risk AISystems and Enforcement - Lexology
This is part four of our examination of the European Union's newartificial intelligencelaw, the (“EUAIAct”). In Part One, we introduced the …
Digital Explainer - What is AI and what are yourrisks? - Lexology
We have all heard ofartificial intelligence(AI), and there is a lot of talk about its importance, but sadly it is not well understood. People…
Beyond code: Addressing AI bias with inclusive governance - Lexology
Recent high-profile examples of AI bias andhallucinations, as well as reports on the lack of diversity in the tech space, have highlighted the …
Hallucinations & FabricationGovernance & Risk ManagementBias & Fairness