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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: HarvardBiz - 🏆 310. / 63 Read more »
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.
Source: HarvardBiz - 🏆 310. / 63 Read more »
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.
Source: HarvardBiz - 🏆 310. / 63 Read more »