Showing 3 posts by Robert A. Hamor.
Robot Lawyers? FTC Targets AI Legal Services
The Federal Trade Commission (FTC) is continuing its firm stance in regulating companies making unsubstantiated or exaggerated claims about their products or services employing artificial intelligence (AI).
As AI applications rapidly migrate to multiple industries and fields, the FTC is ramping up its effort to establish regulatory guidelines. As part of this strategy, the agency initiated Operation AI Comply. In late 2024, the agency announced it had acted against several companies which employed false and/or deceptive claims in promoting the capabilities of their standalone AI services or those enhanced by AI-technology. Read More ›
Categories: Artificial Intelligence (AI), Contracts, Cybersecurity, Liability, Technology
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Corporate Transparency Act: What You Need to Know Before 2024
Introduction and Scope of New Rule
With a stated goal of countering money laundering, the financing of terrorism and other illicit activities (including those of Russian oligarchs currently under U.S. sanctions), Congress passed the Corporate Transparency Act (CTA) in January 2021 as part of the National Defense Authorization Act. In 2022, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) began to publish rules in its efforts to begin enforcement of the CTA likely beginning on January 1, 2024. Read More ›
Categories: Alerts and Updates, Did you Know?, Employment, Legislative Updates, News
Minimizing Cybersecurity Risks for Remote Workers
With more employees working remotely for the foreseeable future, a resulting increase in spoofing and other hacking attempts is becoming a very common and real threat. It is imperative for a business to have the proper protection policies and procedures in place.
In the following video, moderated by Patricia Scott, attorneys Taylor Gast and Robert Hamor discuss ways to minimize risk and avoid disaster as more employees work remotely. This video touches on the recent rise in computer hacking attempts, along with a discussion on strategies to protect businesses and employees.
Click the thumbnail below to view the full video.
This video is for general information purposes only and IS NOT LEGAL ADVICE. If you seek legal counsel or need help in determining how this information applies to a specific situation, contact a Foster Swift business & tax law attorney before taking any action.
Categories: Compliance, Cybersecurity, Digital Assets
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