Category «United States Law»

AI in Banking and Finance, February 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: SEC Chair: Existing financial law can be applied to AI regulatory debate; Generative AI financial scammers are getting very good at duping work email; The Unreasonable Effectiveness of Algorithms; How Learning About Harms Impacts the Optimal Rate of Artificial Intelligence Adoption; Fighting Financial Crime With AI Is Not A Trend—It’s A Necessity; and NIST establishes Artificial Intelligence Safety Institute Consortium (AISIC).

Subjects: AI, AI in Banking and Finance, Cybercrime, Cybersecurity, Email Security, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, February 11, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: How to detect poisoned data in machine learning datasets; Using Google Search to Find Software Can Be Risky; UnitedHealth uses AI model with 90% error rate to deny care, lawsuit alleges; and How U.S. health care providers deal with hundreds of data breaches every year.

Subjects: AI, Cryptocurrency, Cybercrime, Cybersecurity, Healthcare, Insurance Law, Privacy, Social Media

Pete Recommends – Weekly highlights on cyber security issues, February 3, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: How to lock out your ex-partner from your smart home; Google is Still Failing to Protect Privacy of Abortion Seekers; Citibank fails to protect customers from fraud, N.Y. AG’s lawsuit contends; and Listening to LLM responses through leaked GPU local memory.

Subjects: AI, Cybersecurity, Healthcare, Privacy, Search Engines

AI in Banking and Finance, January 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: The Bloomberg Terminal Now Has AI-Generated Summaries of Earnings Calls; Call for papers on Artificial Intelligence in Finance: Next level of artificial intelligence is difficult for banks; Sustainable Banking: Charting The Future With AI And Data Analytics; More impactful than the internet’: How AI will reshape banking jobs; and The fight against greenwashing starts with AI. Here’s why.

Subjects: AI, AI in Banking and Finance, Climate Change, Economy, Environmental Law, Financial System

Each Facebook User is Monitored by Thousands of Companies

By now most internet users know their online activity is constantly tracked. No one should be shocked to see ads for items they previously searched for, or to be asked if their data can be shared with an unknown number of “partners.” But what is the scale of this surveillance? Judging from data collected by Facebook and newly described in a unique study by non-profit consumer watchdog Consumer Reports and the Markup, Jon Keegan writes that it’s massive, and examining the data may leave you with more questions than answers.

Subjects: Big Data, Cybercrime, Cybersecurity, E-Commerce, Privacy, Social Media, Spyware

Pete Recommends – Weekly highlights on cyber security issues, January 27, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Sen. Wyden Releases Documents Confirming the NSA Buys Americans’ Internet Browsing Records; Inside a Global Phone Spy Tool Monitoring Billions; AT&T is trying to kill all landlines in California, which would have devastating effects; and the Continued Threat to Personal Data: Key Factors Behind the 2023 Increase.

Subjects: AI, Copyright, Cybercrime, Cybersecurity, Healthcare, Internet Trends, Legal Research, Legislative, Privacy, Search Engines, Social Media

Pete Recommends – Weekly highlights on cyber security issues, January 20, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: More Police Are Using Your Cameras for Video Evidence; How to Opt Out of Comcast’s Xfinity Storing Your Sensitive Data; The worst privacy washing of 2023 and trends to expect in 2024; and Each Facebook User is Monitored by Thousands of Companies.

Subjects: AI, Cybercrime, Cybersecurity, Email Security, Privacy, Social Media

January 1, 2024 Was Public Domain Day

Duke Law School Center for the Study of the Public Domain, Director Jennifer Jenkins heralds that on January 1, 2024 thousands of copyrighted works from 1928 entered the US public domain, along with sound recordings from 1923. They will be free for all to copy, share, and build upon. This year’s highlights include Lady Chatterley’s Lover by D. H. Lawrence and The Threepenny Opera by Bertolt Brecht, Buster Keaton’s The Cameraman and Cole Porter’s Let’s Do It, and a trove of sound recordings from 1923. And, of course, 2024 marks the long-awaited arrival of Steamboat Willie – featuring Mickey and Minnie Mouse – into the public domain. That story is so fascinating, so rich in irony, so rife with misinformation about what you will be able to do with Mickey and Minnie now that they are in the public domain that it deserved its own article, “Mickey, Disney, and the Public Domain: a 95-year Love Triangle.” Why is it a love triangle? What rights does Disney still have? How is trademark law involved? Here is just a handful of the works that will be in the US public domain in 2024.  They were first set to go into the public domain after a 56-year term in 1984, but a term extension pushed that date to 2004. They were then supposed to go into the public domain in 2004, after being copyrighted for 75 years. But before this could happen, Congress hit another 20-year pause button and extended their copyright term to 95 years. Now the wait is over.

Subjects: Copyright, Education, Legal Research, Libraries & Librarians

AI in Finance and Banking January 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Four highlights from this post: The Macroeconomics of Artificial Intelligence; AI Tool Helps Fix Faulty Trades Amid Shift to Faster Settlement Times; Scenario Planning for an A(G)I Future; and Are ChatGPT and GPT-4 General-Purpose Solvers for Financial Text Analytics? A Study on Several Typical Tasks.

Subjects: AI in Banking and Finance, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Securities Law