Spencer Fane attorney Shawn Tuma was recently quoted in the article Shadow AI Is Rewriting Cyber Disclosure Risk, published by Bank Info Security.
The article examines how unauthorized employee use of AI tools is creating new cybersecurity, privacy, and disclosure risks, as demonstrated by the first SEC cybersecurity filing tied to a shadow AI incident. It explains why organizations must incorporate AI governance, materiality assessments, and cross-functional incident response into their cybersecurity programs, regardless of future changes to SEC disclosure rules.
“Regulators generally don’t care about our company’s cybersecurity for the sake of our company’s cybersecurity. It’s for the sake of the data that we are entrusted to protect,” Shawn said.
Shawn co-leads the firm’s Cyber | Data | Artificial Intelligence | Emerging Technology Practice Group while serving as Office Managing Partner for the firm’s Plano, Texas, location. He helps businesses protect their information and protect themselves from their information. He represents a wide range of clients, from small companies to Fortune 100 companies, across the U.S. and globally, in dealing with artificial intelligence (AI), cybersecurity, data privacy, data breach and incident response, regulatory compliance, computer fraud-related legal issues, and cyber and AI-related litigation.
Read the full article here.