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

A third regulator has recently entered into a proposed consent that includes a $500,000 fine based in part on a company’s over-retention of personal data for longer than it was needed.  The first regulator was the French data protection authority, the CNIL, in 2021, which we wrote about here.  The second regulator was the New York Attorney General in January of 2022, which we described here.  And the third is the U.S. Federal Trade Commission, which issued a proposed consent with the current and former owners of CafePress on March 15.