In a growing effort to enhance online safety and data privacy for minors, New York Attorney General Letitia James has initiated new public consultations for two landmark pieces of legislation: the SAFE for Kids Act and the Child Data Protection Act (CDPA). These acts aim to address the increasing
The financial industry faces a myriad of challenges in maintaining robust Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) compliance frameworks. The emergence of generative AI, particularly Large Language Models (LLMs) like GPT-4, offers transformative potential to enhance these frameworks.
The General Data Protection Regulation (GDPR) has had wide-ranging effects on businesses globally, including U.S. firms. This article delves into the impacts of GDPR on data breaches and firm value for American companies, offering detailed insights into the regulatory landscape, market reactions,
The Minnesota Consumer Data Privacy Act (MCDPA) represents a significant shift in data privacy regulations for the state’s residents and businesses. Enacted on May 24, 2024, and set to take effect on July 31, 2025, this legislation aims to give Minnesota consumers more control over their personal
Artificial Intelligence (AI) has revolutionized marketing by offering unprecedented capabilities to analyze data, predict consumer behaviors, and personalize customer experiences. However, this powerful tool brings with it several ethical and regulatory challenges that marketers must navigate to
The Corporate Transparency Act (CTA) has sparked a significant legal controversy, centered on the balance between privacy and national security. Designed to combat financial crimes, the act mandates detailed financial reporting from small businesses and nonprofits, leading to multiple lawsuits.
