On July 25, New York Governor Andrew Cuomo signed two data security and breach notification bills into law. The first bill, the “Stop Hacks and Improve Electronic Data Security Act” or “SHIELD Act,” will impose specific data security requirements on businesses that own or license private information of New York residents, in addition to amending New York’s data breach notification statute to broaden the circumstances under which notification may be required. The second bill, meanwhile, will require consumer reporting agencies to offer identity theft prevention and mitigation services. Both bills are described in further detail below.
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President Trump Signs Executive Order on Artificial Intelligence
Today, President Trump signed an Executive Order (“EO”), “Maintaining American Leadership in Artificial Intelligence,” that launches a coordinated federal government strategy for Artificial Intelligence (the “AI Initiative”). Among other things, the AI Initiative aims to solidify American leadership in AI by empowering federal agencies to drive breakthroughs in AI research and development (“R&D”) (including by making data computing resources available to the AI research community), to establish technological standards to support reliable and trustworthy systems that use AI, to provide guidance with respect to regulatory approaches, and to address issues related to the AI workforce. The Administration’s EO is the latest of at least 18 other countries’ national AI strategies, and signals that investment in artificial intelligence will continue to escalate in the near future—as will deliberations with respect to how AI-based technologies should be governed.
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