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The market potential for artificial intelligence (AI) technologies shows no signs of stopping in 2024, or in the not-so-distant future. According to Grand View Research, the global AI market size is expected to reach $1,811.75 billion by the year 2030, expanding at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2024. See, “Artificial Intelligence Market to Reach $1,811.75 Billion by 2023,” Grand View Research (June 2023). Giving rise to this projected market expansion are increasing investments in AI technologies, the demand for acquiring and processing big data, and the fundamental need to prepare for AI technologies” energy consumption. See, Rashi Maheshwari et al., “Top AI Statistics and Trends in 2024,” Forbes (Jan. 2, 2024); see also, Zoe Kleinman et al., “Warning AI Industry Could Use as Much Energy as the Netherlands,” BBC (Oct. 10, 2023).
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China Finalizes New Regulations to Relax Personal Data Exports from China
By Lindsay Zhu, Scott Warren, Haowen Xu and Charmian Aw
Nearly six months after the Cyberspace Administration of China (CAC) was first introduced for public consultation, the much-awaited final rules on Regulating and Facilitating Cross-border Data Flows were published and came into effect on March 22, 2024. The New Regulations largely repeat the Draft Regulations, but now have further relaxed personal data exports from China.
The Perfect Storm: Why Contract Hiring In Privacy Will Eclipse Direct Hiring In 2024
By Jared Coseglia
With significantly fewer fully remote positions available in 2023, active job seekers were faced with the question of whether to begin considering compromises on work-from-home flexibility or compromise in other areas like compensation, vertical mobility, quality of life, or employment modality.
Lessons for CISOs from the SolarWinds Breach and SEC Enforcement
By Daniel Garrie, David Cass and Jennifer Deutsch
In an era where digital threats loom large, the responsibilities of Chief Information Security Officers have expanded beyond traditional IT security to encompass a broader governance, risk management, and compliance role. The infamous SolarWinds Corp. attack illustrates the complex cybersecurity landscape CISOs navigate.
A Roadmap for Implementing Information Governance In Law Firms
By Gregg Parker
In today's digital age, the volume of data generated and managed by law firms has skyrocketed, presenting both opportunities and challenges. Unfortunately, in parallel with this exponential growth in data, and partially as a direct result of it, law firms have also experienced a significant increase in targeted cyberattacks.
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