Related insights: Technology
How can businesses harness the benefits of live facial recognition technology while navigating the regulatory framework?
15 Mar 2024
In May 2022, the ICO fined Clearview AI more than $7.5 million for scraping images from social media to create a global online facial recognition database. This case has since caused further debate around the use of live facial recognition technology in public spaces, including people's right to privacy and the application of data protection laws in cross-border scenarios. This article addresses some of these issues and provides practical steps for businesses looking to implement the latest technological developments.
AI in financial services: gathering speed
12 Mar 2024
The use of artificial intelligence (AI) is not new for UK financial services firms. It is already modernising the banking, insurance and payments sectors, who use it to enhance customer service, personalise insurance cover and detect suspicious payment transactions. The regulators themselves are also hopping on the bandwagon – the UK's Financial Conduct Authority (FCA) announced last year that it is using AI-based models to help tackle fraud. But despite some tangible benefits, the financial services industry is still exercising caution when it comes to AI.
Womble Bond Dickinson experts share their views on Spring Budget at North East Chamber of Commerce event
06 Mar 2024
On 6 March 2024, Womble Bond Dickinson (WBD) experts shared their thoughts following the Chancellor's Spring Budget announcement, at the North East Chamber of Commerce's event.
Biometric data – new guidance published
05 Mar 2024
The ICO has recently published new guidance for organisations on the processing of biometric data. Given the unique nature of biometric data and the risks that can arise if incorrectly used or processed, compliance with data protection law is of paramount importance. The guidance was published on the same day that several community leisure trusts were ordered by the ICO to stop using facial recognition technology and fingerprint scanning to monitor employee attendance at work, finding there were less intrusive means available to achieve the same purpose (e.g. ID cards).
Changes to UK Intellectual Property Office address for service rules
04 Mar 2024
On 1 January 2024, the UK Intellectual Property Office (IPO) updated their rules governing address for service (AFS) requirements for comparable UK trade mark and design registrations. Guidance on the changes can be found here. Briefly, if any contentious proceedings are lodged on or after 1 January 2024 against a comparable UK trade mark or design, appointment of a UK, Gibraltar or Channel Island address for service is required.
When is a building electronic communications apparatus? Security of tenure under the Telecommunications Code
28 Feb 2024
In the recent Tribunal telecoms case of On Tower UK Limited v British Telecommunications plc, the Tribunal had to deal with two important issues under the Telecoms Code.
Cyber security in the pensions sector
08 Feb 2024
The risk of suffering a cyberattack is, at this time, high. In 2022, 39% of UK businesses identified a cyberattack, a figure that is said to be underreported, and 21% of those attacks were said to be more sophisticated in nature, such as those involving the use of malware, ransomware or denial of service (DoS) attacks.
Articles in Pensions Age and European Pensions in Autumn 2023 highlighted research which concluded that there had been a 4,000% increase in reported cyber security breaches by UK pension schemes in 2022/23 compared with 2021/22.
Articles in Pensions Age and European Pensions in Autumn 2023 highlighted research which concluded that there had been a 4,000% increase in reported cyber security breaches by UK pension schemes in 2022/23 compared with 2021/22.
Womble Bond Dickinson advises management of Fera Science Limited
06 Feb 2024
The Private Equity team of international law firm Womble Bond Dickinson (WBD) has advised management at Fera Science Limited (Fera) on a deal that sees Bridgepoint Development Capital (Bridgepoint) acquire a 75% stake which gives the business an enterprise value of £80m.
Navigating the future of legal industry: insights on legal tech and AI
01 Feb 2024
The legal industry has undergone significant transformation over the past few decades, largely driven by advancements in technology. As we look towards the future, it's clear that legal tech, including Artificial Intelligence (AI) and Generative AI (GenAI), will continue to shape the industry in unprecedented ways. Here, we delve into the past, present, and future of legal tech and what it means for the industry.
Insights
Stay informed
