GRC Report Staff

Colorado has enacted a new law aimed at preventing discrimination when artificial intelligence systems are used to make consequential decisions about consumers. Senate Bill 205, signed into law Friday by Gov. Jared Polis, will add guardrails for companies utilizing AI technologies to make decisions related to employment, lending, housing and other areas impacting consumers when it goes into effect on February 1, 2026.

Cape Cod Hospital in Hyannis, Massachusetts has agreed to pay $24.3 million to resolve allegations that it violated the False Claims Act by knowingly submitting claims to Medicare for certain cardiac procedures that failed to meet federal requirements.

The European Securities and Markets Authority (ESMA) has issued new guidelines aimed at cracking down on misleading environmental, social and governance (ESG) claims used in the naming and marketing of investment funds.

The Federal Trade Commission has finalized a settlement order against Blackbaud Inc. over allegations that lax security practices at the cloud software company led to a massive data breach in 2020 exposing millions of people's personal information.

The Securities and Exchange Commission has adopted amendments to Regulation S-P aimed at strengthening protections for consumers' personal financial information held by broker-dealers, investment companies, registered investment advisers, and transfer agents.

Nissan Motor Corporation has revealed that a recent cybersecurity breach has exposed the Social Security Numbers (SSNs) of thousands of its employees. The company disclosed the breach in a letter sent to affected employees yesterday, outlining the measures being taken to address the situation and offering support to mitigate potential impacts.

The U.S. Department of the Treasury today issued its 2024 National Strategy for Combating Terrorist and Other Illicit Financing, outlining the government's priorities to disrupt money laundering, terrorist financing, and other financial crimes.