Protecting Your Internet Brand and Online Identity – Faegre Drinker on Law and Technology Podcast

Share

In current times where an online presence is just as crucial as a business’s physical assets, it is more important than ever to proactively protect and maintain your organization’s brand and identity. In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss discusses strategies and solutions to protect your brand with intellectual property partner Tore DeBella.

The conversation tackles a number of questions, including:

  • How do we protect a company’s brand and how does that affect the organization’s identity?
  • What are the primary ways bad actors can attack a company’s brand or identity online?
  • How can an organization protect their domain?
  • What steps can clients take to protect their brands and identities online?

Continue reading “Protecting Your Internet Brand and Online Identity – Faegre Drinker on Law and Technology Podcast”

What Are Blockchain, Crypto and NFTs? A Deeper Look – Faegre Drinker on Law and Technology Podcast

Share

As of March 2022, there are more than 18,000 different crypto currencies in service for a total market capitalization of $2 trillion. In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss chats with Faegre Drinker partner Jeff Blumberg and associate Jane Blaney, to revisit the world of crypto and not only discuss the foundations of crypto currencies, but also explore the world of blockchain and non-fungible tokens, or NFTs.

The conversation tackles a number of questions, including:

  • What is blockchain and what makes it different from traditional recordkeeping processes?
  • What exactly is crypto currency? What is important to understand about it?
  • What exactly is an NFT? How do they work in easy-to-understand concepts?
  • What uses are there for blockchain, both using crypto currencies and in uses other than crypto currency?
  • Are crypto currencies considered “legal tender”? Can people use them like normal money?
  • How can and will NFTs be used in other ways in our society as these concepts grow?

Continue reading “What Are Blockchain, Crypto and NFTs? A Deeper Look – Faegre Drinker on Law and Technology Podcast”

NIST Releases New Draft of Artificial Intelligence Risk Management Framework for Comment

Share

The National Institute of Standards and Technology (NIST) has released the second draft of its Artificial Intelligence (AI) Risk Management Framework (RMF) for comment. Comments are due by September 29, 2022.

NIST, part of the U.S. Department of Commerce, helps individuals and businesses of all sizes better understand, manage and reduce their respective “risk footprint.”  Although the NIST AI RMF is a voluntary framework, it has the potential to impact legislation. NIST frameworks have previously served as basis for state and federal regulations, like the 2017 New York State Department of Financial Services Cybersecurity Regulation (23 NYCRR 500).

The AI RMF was designed and is intended for voluntary use to address potential risks in “the design, development, use and evaluation of AI products, services and systems.” NIST envisions the AI RMF to be a “living document” that will be updated regularly as technology and approaches to AI reliability to evolve and change over time.

Continue reading “NIST Releases New Draft of Artificial Intelligence Risk Management Framework for Comment”

NYDFS Releases Pre-Proposed Second Amendment to its Cybersecurity Regulations, 23 NYCRR 500

Share

On July 29, 2022, the New York Department of Financial Services (NYDFS) published the pre-proposed second amendment to its Cybersecurity Regulations, 23 NYCRR 500 (Part 500), that if adopted, would likely require numerous policy and operational changes. NYDFS sought comments to the pre-proposal through August 18, 2022. Although this amendment has been long-anticipated, the next step will be for NYDFS to formally publish the second amendment.

Effective in 2017, Part 500 was a first-of-its-kind state regulation that created mandatory cybersecurity and risk management regulations for “covered entities.” Part 500 defines Covered Entities as persons operating under or required to operate under a license, registration, charter, certificate, permit, accreditation or similar authorization under the Banking Law, the Insurance Law or the Financial Services Law.

Continue reading “NYDFS Releases Pre-Proposed Second Amendment to its Cybersecurity Regulations, 23 NYCRR 500”

What Is the Information Blocking Rule? – Faegre Drinker on Law and Technology Podcast

Share

Want to better understand what the Office of the National Coordinator for Health IT’s (ONC) Information Blocking Rule (IBR) is, how it works and why we need it? In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss sits down with Faegre Drinker partners Jeff Ganiban and Doriann Cain, and associate Alex Eschenroeder to discuss all things IBR.

Expected in September 2022, the final draft of the HHS Office of Inspector General’s (OIG) first IBR enforcement rule is aimed at two of the three actor types defined in the IBR: Health IT Developers of Certified Health IT and Health Information Networks / Health Information Exchanges. Under the Cures Act, each IBR violation by a Health IT Developer of Certified Health IT or Health Information Network / Health Information Exchange would be subject to penalties of up to $1 million. The expected rule will establish how the OIG intends to assess and enforce these penalties. (Unfortunately, there is still no guidance on when we can expect a rule regarding the penalties that will apply to IBR violations by Health Care Providers.)

Continue reading “What Is the Information Blocking Rule? – Faegre Drinker on Law and Technology Podcast”

Discussion on the Dangers of Wire Transfer Fraud Cyberattacks – Faegre Drinker on Law and Technology Podcast

Share

Wire transfer fraud cyberattacks: they cost U.S. businesses billions of dollars each year, but you can take action to minimize your risk. In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss talks with intellectual property Partner Ken Dort about this cyber threat also known as business email compromise attacks. They discuss how wire fraud happens, who’s at risk for these attacks, and the complicated process of recovering losses after hackers hit an organization. Jason and Ken also talk through the steps businesses can take now to reduce their risk of wire fraud down the road. 

Continue reading “Discussion on the Dangers of Wire Transfer Fraud Cyberattacks – Faegre Drinker on Law and Technology Podcast”