Topic: Fintech

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European Commission adopts its adequacy decision for the EU-US Data Privacy Framework

By Lara White (UK), Marcus Evans (UK), Susan Ross (US), Jurriaan Jansen, Christoph Ritzer (DE) and Nadège Martin (FR) on July 11, 2023 Posted in Fintech

On 10 July, the European Commission adopted its adequacy decision for the EU-US Data Privacy Framework (the DP Framework). It thereby declared that the United States (the US) ensures an adequate level of protection for personal data transferred from the EU to US companies that have self-certified their adherence to the DP Framework Principles. More … Continue reading

Everyone is using ChatGPT what does my organisation need to watch out for

By Marcus Evans (UK), Lara White (UK) and Steve Roosa (US) on April 27, 2023 Posted in Cybersecurity, Fintech

In December 2022, OpenAI released ChatGPT, a powerful AI-powered chatbot that could handle users’ questions and requests for information or content in a convincing and confident manner. The number of users signing up to use the tool increased very rapidly, with users using the tool to write letters, edit text, generate lists, prepare presentations and … Continue reading

Transition period under New York Cybersecurity Regulation ends March 1, 2019

By Kathleen Scott (US), Susan Ross (US) and Tristan Coughlin* (US) on January 7, 2019 Posted in Compliance and risk management, Cybersecurity, Enforcement, Fintech, General, Vendor management and transactions

Data Protection Report - Norton Rose Fulbright

The two-year transitional period under the New York State Department of Financial Services (“DFS”) Cybersecurity Regulation, 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Entities covered by the Regulation that utilize third party service providers, which include not only banks and insurers, but also other … Continue reading