AI Counsel Blog Posts

The new administration is taking steps to legitimize cryptocurrencies and allow crypto to be incorporated into traditional financial systems. Recently the Office of the Comptroller of the Currency (OCC) issued an interpretive letter that allows banks to engage in certain crypto-related actions without notifying the federal government and obtaining a non-objection letter as was previously […]

“This call may be recorded for quality assurance” is a phrase we hear on almost every customer service call. However, a customer consenting to their call being recorded doesn’t mean that the customer necessarily consents to that call being shared. This is especially true when those calls are to financial institutions and contain sensitive information. […]

CrowdStrike recently published its 2025 Global Threat Report, which provides an overview of the current cyber threat landscape.  The report says that cyberattacks are escalating in speed, volume, and sophistication, and that once inside organizations, attackers act within seconds. Here are some of the report’s significant findings: – Breakout time — how long it takes […]

Data scraping involves collecting AI training data from internet websites, and the practice raises a variety of legal issues, not the least of which is compliance with intellectual property laws. For example, scraping copyrighted materials for use in training AI models may involve copyright infringement, and litigation over this issue is increasing globally. A recent OECD […]

Virginia is poised to join Colorado and become the latest state to regulate high-risk AI systems. Virginia HB 2094 has passed the legislature and awaits the Governor’s signature. If signed into law HB 2094 will impose obligations on AI developers and deployers to limit algorithmic discrimination. In a recent memo, Faegre Drinker gives recommendations to […]