On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses. Risks revolve
Minnesota enacts comprehensive privacy law
On May 24, 2024, the Minnesota Governor signed the Minnesota Consumer Data Privacy Act (“MCDPA”), making Minnesota the eighteenth state to enact a comprehensive privacy law. The new law takes effect on July 31, 2025, for most regulated entities, with