On February 2, 2025, the European Union’s (EU) Artificial Intelligence Act (AI Act) will start to apply in phases. This alert summarizes the new obligations that will apply as of February 2, 2025. It also indicates when companies can expect the first enforcement actions, and what the enforcement regime will look like. For more information about the scope and requirements of the AI Act, please see our 10 Things You Should Know About the EU AI Act.Continue Reading The EU’s AI Act Starts to Apply as of February 2, 2025
Jessica O'Neill
New EU Cyber Resilience Requirements for Financial Sector Enter into Force
As of January 17, 2025, financial entities and their critical information and communication technology (ICT) service providers need to comply with the new cybersecurity requirements in the Digital Operational Resilience Act (DORA). DORA introduces significant operational and ICT security requirements for a wide range of financial market participants, including banks, insurers, trading platforms, as well as for their ICT service providers.Continue Reading New EU Cyber Resilience Requirements for Financial Sector Enter into Force
New EU Cybersecurity Obligations for Connected Devices: What You Need to Know
UPDATED: November 20, 2024
On November 20, 2024, the European Union officially published the Cyber Resilience Act (CRA), which introduces cybersecurity obligations for internet-connected hardware and software products offered in the EU (such as wearables). The CRA will enter into force on December 10, 2024 and companies have until September 11, 2026 to comply with the first wave of obligations.Continue Reading New EU Cybersecurity Obligations for Connected Devices: What You Need to Know