Gen AI Makes Legal Action Cheap — and Companies Need to Prepare

Future legal risks will be legal fishing expeditions akin to internet “phishing” attacks: less personal, mass-produced actions initiated by many actors. When coordinated, they’ll be much more like distributed denial of service attacks, which involves overwhelming a target with a flood of traffic to knock it offline. To prepare for this new reality companies need to take a page out of cybersecurity readiness.

Specifically, they’ll need to quickly take action to better understand their vulnerabilities, emerging threats and their potential impact, the risk-mitigation actions they want to take, and their communication strategies to internal and external stakeholders.Last year, in order to enhance tax compliance, the U.S. Treasury Department proposed a rule designed to increase cryptocurrency disclosures.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
La source: HarvardBiz - 🏆 310. / 63 Lire la suite »

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
La source: HarvardBiz - 🏆 310. / 63 Lire la suite »