Showing 19 posts in Technology.
What is a Deepfake and How Might it Impact Your Business?
With the rise of generative artificial intelligence (AI) and its various synthetic media outputs, deepfakes are just one of many new risks to businesses. Deepfakes pose considerable threats to companies, potentially damaging reputation, trust, and financial stability through malicious impersonation and manipulation of digital content. Read More ›
Categories: Artificial Intelligence (AI), Copyright, Cybersecurity, Defamation, Privacy, Technology, Trademarks
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Implications of FTC’s Final “Click-to-Cancel” Rule: Simplifying Consumer Cancellations
Yesterday, on October 16, the Federal Trade Commission (“FTC”) issued final amendments to the “Rule Concerning Recurring Subscriptions and Other Negative Option Programs”, also referred to as the “Click-to-Cancel” Rule (the “Rule”). See the following link from the FTC’s website for more information: Federal Trade Commission Announces Final “Click-to-Cancel” Rule Making It Easier for Consumers to End Recurring Subscriptions and Memberships | Federal Trade Commission (ftc.gov). Read More ›
Categories: Alerts and Updates, Billing/Payment, News, Privacy, Technology
DOL Echoes Employee Benefits and Cybersecurity Best Practices
On April 14, 2021, the U.S. Department of Labor’s (“DOL”) Employee Benefits Security Administration (“EBSA”) issued its first cybersecurity best practices guidance for retirement plans. The EBSA guidance was highly anticipated as the frequency and cost of data breaches affecting employee benefit plans continues to rise. Read More ›
Categories: Alerts and Updates, Cybersecurity, Department of Labor, Employee Benefits, IT Contracts, Technology
AI Legal Issues That Can Impact Your Business
Many businesses are using Artificial Intelligence (AI) tools in a variety of innovative ways to improve productivity and to save time and money. According to a 2023 Forbes article (forbes.com/advisor/business/software/ai-in-business/), 1 in 3 businesses plan to use ChatGPT to write their website content while 97% of business owners believe it will help their business. Read More ›
Categories: Artificial Intelligence (AI), Intellectual Property, IT Contracts, Technology
The Corporate Transparency Act and its Impact on ESOPs
The Corporate Transparency Act (“CTA”), which became effective on January 1, 2024, requires that many businesses report a significant amount of information about the company and its “beneficial owners” to a federal database. This article outlines the general rule, exceptions to the rule, the definition of “beneficial owner” and the CTA’s implications for companies owned by Employee Stock Ownership Plans (“ESOPs”). Read More ›
Categories: Corporate Transparency Act (CTA), Employee Benefits, Employment, Technology
The Importance of Adopting an E-Signature Policy for Your Business
Given the ever-changing landscape and increasing popularity of remote work, the use of electronic signatures (“e-signatures”) is on the rise. Business in general is going virtual, causing electronic transactions and online interactions to become more common. To accommodate this new digital environment, legislators have passed laws to permit the use of e-signatures to bind individuals to electronic agreements. In addition to keeping up with the evolution of online business, providing your organization with a reliable e-signature policy is pivotal to ensure clear reliance on and expectations for e-signatures. Read More ›
Categories: Alerts and Updates, Compliance, Contracts, E-Commerce, Technology
Risks Make AI Workplace Policies a Requirement
Artificial intelligence (AI) is fast becoming an integral element in the operation of virtually every business and organization. Read More ›
Categories: Artificial Intelligence (AI), Cybersecurity, Digital Assets, Employment, Intellectual Property, Privacy, Technology
Legal Insights Into Businesses Using AI
The AI Revolution is here! Startups across our region are using AI tools in innovative new ways. But could there be legal pitfalls you haven’t considered? Read More ›
Categories: Copyright, Cybersecurity, Did you Know?, Intellectual Property, Liability, Technology
Cybersecurity Month Serves as Reminder to Take Proactive Steps
Whether you are the CEO of a big corporation working in the office six days a week or an analyst working remotely from home entering data, everyone is at risk of a cyber-attack. Despite the fact that all organizations, regardless of size, are at risk, few have preventative measures in place, or have even planned for how they would respond in the event of an attack. Read More ›
Categories: Criminal, Cybersecurity, Technology
Cybersecurity Impact on Small Businesses in Wake of Colonial Pipeline
In the wake of the Colonial Pipeline ransomware attack, cyber attacks such as ransomware and phishing continue to be a major threat for all businesses, large or small. Even with precautions in place, it is not a matter of "if" but "when" a business will experience an attack. In the case of Colonial Pipeline, the hackers not only demanded and received millions from Colonial Pipeline in May 2021, but the resulting ransomware attack forced the company into a fuel distribution shutdown, making headlines across the country and causing gas shortages on the east coast. The attack also compromised thousands of individuals' personal information. Read More ›
Categories: Cybersecurity, Did you Know?, News, Technology
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