Artificial intelligence is "significantly transforming" the cybersecurity threat landscape for banks while also presenting opportunities to help defend against those heightened risks, according to a new report from the Office of the Comptroller of the Currency.
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Cybersecurity & Privacy
MONDAY, MAY 11, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

OCC Says AI Presents A Double-Edged Sword To Banks

By Sarah Jarvis

Artificial intelligence is "significantly transforming" the cybersecurity threat landscape for banks while also presenting opportunities to help defend against those heightened risks, according to a new report from the Office of the Comptroller of the Currency.

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Analysis

Social Media Litigation Gains Reveal Potential Regulatory Path

By Allison Grande

Recent suits by a social media user and two state attorneys general in their bids to hold Meta and other tech giants accountable for the allegedly addictive nature of their platforms have brought to the forefront a potentially lucrative strategy for more broadly regulating online harms, as the First Amendment and other roadblocks continue to stymie legislative efforts.

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Calif. Hits GM With Record $12.75M Data Privacy Penalty

By Allison Grande

General Motors has agreed to pay $12.75 million — the largest penalty imposed to date under California's data privacy law — and halt its sale of geolocation and driver behavior data to consumer reporting agencies to resolve claims that it illegally kept and handed off this information to a pair of data brokers, California's attorney general and several other state enforcers announced Friday.

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Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

By Chris Villani

A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

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EdTech Platform Canvas Accused Of Lax Security After Breach

By Allison Grande

The operator of Canvas, a popular educational software tool used by thousands of schools and universities, is facing more than a half-dozen proposed class actions filed in Utah and New York federal courts following its disclosure of a cyberattack tied to a hacking group that's claimed to have gained access to personal data belonging to more than 275 million students and teachers.

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POLICY & REGULATION

Colo. Legislators Pass Bill Limiting Surveillance Pricing

By Rachel Konieczny

The Colorado General Assembly has passed a bill that limits companies and others from using consumers' and workers' personal data for setting individualized consumer prices and worker wages.

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LITIGATION

Google Denied Early Bid To Pause Search Data Sharing Duties

By Matthew Perlman

A D.C. federal court rejected Google's request to pause parts of an order in the government's search monopolization case requiring it to give rivals syndicated search results and data, but will allow Google to try again once a competitor is lined up for access.

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Social Media Harm To Teens Can Be Pinpointed, Judge Told

By Cara Salvatore

Social media's degree of blame for New Mexico teens' mental health challenges can be statistically isolated and quantified, a health computational scientist testified Friday in the state's $3.7 billion bench trial against Meta.

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PEOPLE

Redgrave Adds Ex-Coinbase, AT&T Atty In DC Partner Hire

By Joyce Hanson

Electronic discovery and information law firm Redgrave LLP has hired a new partner to work in its Washington, D.C., office, saying he has played senior legal roles at a cryptocurrency exchange, a major telecommunications company and a disputes and forensic technology firm.

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EXPERT ANALYSIS

How New E-Evidence Rules Will Affect EU-US Data Transfers

The forthcoming European Union e-evidence regulation signals the need to preserve digital evidence that is stored outside the issuing jurisdiction, bringing the EU significantly closer to the model employed by the U.S. and reflecting a shift in the legal landscape for cross-border data transfers, say lawyers at MoFo.

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Notable Q1 Updates In Insurance Class Actions

Notable insurance class action decisions from the first quarter of the year included reminders about the statute of limitations as a key defense for claims relating to allegedly deficient forms, the importance of focus on the specific contract at issue and further guidance on the contours of Rule 23, says Kevin Zimmerman at BakerHostetler.

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The Ethics And Practicalities Of Representing AI Agents

With autonomous artificial intelligence agents now able to take action without explicit instructions from — or the awareness of — their human owners, the bar must confront whether existing frameworks like informed consent and client privilege will be sufficient on the day an AI agent calls seeking counsel, say attorneys at Morrison Cohen.

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LEGAL INDUSTRY

Quinn Emanuel Founder Exiting Executive Chair Role

By Tracey Read

Four decades after high-stakes litigation firm Quinn Emanuel Urquhart & Sullivan first opened in Los Angeles, founding partner John B. Quinn is stepping down as executive chairman of the firm effective immediately.

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ChatGPT Suit Points To Ups And Downs Of Pro Se AI Use

By Cara Bayles

A recent lawsuit against OpenAI highlights many of the hopes and anxieties about pro se litigants using generative artificial intelligence to churn out legal arguments. The technology raises concerns about confidentiality, hallucinations and ethical issues, but some access-to-justice advocates worry the lawsuit may hinder technology that might democratize legal services.

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Burr & Forman Makes Navy Yard Permanent DC Home

By Jack Rodgers

Burr & Forman LLP has made its Navy Yard neighborhood office its permanent home in Washington, D.C., after launching in the city in 2025 with construction partners from Fox Rothschild LLP, the firm announced Monday.

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NJ AG's Office Avoids Defense Of Prosecutor In Ethics Case

By Jake Maher

The New Jersey Office of the Attorney General does not have to defend a county-level prosecutor in an ethics case over allegations he withheld exculpatory evidence, a state appeals court ruled in a precedential decision Monday.

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Squire Patton Taps New Leadership For Public Policy Team

By Andrea Keckley

Squire Patton Boggs LLP announced Monday that it has appointed a longtime partner to lead its global public policy practice.

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Analysis

Trading Scheme Is A 'Wake-Up Call' For BigLaw Compliance

By Chris Villani

The breadth of a decade-long insider trading scheme prosecutors say was fueled by stolen BigLaw merger information should jolt firms to reexamine their practices to close gaps in internal security, experts told Law360, even if totally eliminating bad actors is nearly impossible.

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ABA Advises Nixing Law School DEI Rules Under Scrutiny

By Emma Cueto

The Standards Committee of the American Bar Association's legal education arm has recommended that the section repeal its law school accreditation standards relating to diversity, equity and inclusion, saying that in the face of new government scrutiny, maintaining these requirements for law schools would jeopardize the section's status as a nationwide accreditor.

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Law Firm Says Data Breach Claims Lack Actual Identity Theft

By Zak Kostro

A law firm asked a Michigan federal judge to throw out a proposed class action alleging it allowed a cybersecurity breach to expose its clients' personal and medical information, saying the complaint fails to adequately assert any identity theft or fraud occurred because of the breach.

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Trump Taps 6 Judges, Including Picks Needing Blue Slips

By Courtney Bublé

President Donald Trump announced six judicial nominees on Monday, including picks for the Eighth and Tenth Circuits and two district court picks that needed support from Democrats.

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Senate Confirms 13 US Attorneys In En Bloc Vote

By Courtney Bublé

The Senate voted 46-45, along party lines, to confirm 13 U.S. attorneys on Monday as part of a larger nominations package.

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Colo. Trial Firm Seeks Fees Ruling In Case Against Injury Firm

By Rachel Konieczny

A trial law firm asked a Colorado state court to determine whether a personal injury firm the trial firm contracted with is entitled to fees after the defendant terminated the firms' of-counsel agreement and did so, the trial firm alleged, without good faith.

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Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

AM Law

Armstrong Teasdale

Baker & Hostetler

Ballard Spahr

Boies Schiller

Bryson Harris Suciu & DeMay

Burr & Forman

Carella Byrne

Carey Danis

Chimicles Schwartz

Covington & Burling

Cozen O'Connor

Dame Law

DarrowEverett

Davis & Gilbert

Dorsey & Whitney

Faegre Drinker

Federman & Sherwood

Fisher & Phillips

Foley & Lardner

Fox Rothschild

Foy & Seplowitz

Gibson Dunn

Goodwin Procter

Gordon Rees

Hall Estill

Hoggatt Law Office

Joseph Cohen & Del Vecchio

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Kopelowitz Ostrow

Latham & Watkins

Laukaitis Law

Marshall Olson

McShane & Brady

Milberg PLLC

Morrison & Foerster

Morrison Cohen

Motley Rice

Munger Tolles

Patterson Belknap

Quinn Emanuel

Redgrave LLP

Ropes & Gray

Saul Ewing

Seyfarth Shaw

Shamis & Gentile

Sidley Austin

Squire Patton

Stoel Rives

Sullivan & Cromwell

Taft Stettinius

Thompson Hine

Wachtell Lipton

Weil Gotshal

Williams & Connolly

Wilson Sonsini

ZwillGen

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Actelion Ltd.

Alvarez & Marsal Holdings LLC

Amazon.com Inc.

American Bar Association

Anadarko Petroleum Corp.

Anthropic PBC

Associated General Contractors of America

Boston College

Burger King Holdings Inc.

ByteDance Ltd.

C.R. Bard Inc.

Church Mutual Insurance Co.

Claremont McKenna College

Coinbase Global Inc.

DuckDuckGo Inc.

Future of Privacy Forum

Genworth Financial Inc.

Gilbarco Inc.

Google LLC

Harvard University

Instagram Inc.

Johnson & Johnson

KKR & Co. Inc.

LegalZoom.com Inc.

LexisNexis Legal & Professional

LexisNexis Risk Solutions Inc.

Liberty Property Trust

LinkedIn Corp.

LionTree LLC

Logitech International SA

Meta Platforms Inc.

Microsoft Corp.

Moen Inc.

Nippon Life Insurance Company of America

Occidental Petroleum Corp.

OnStar LLC

OpenAI OpCo LLC

Permira

Plantronics Inc.

PowerSchool Group LLC

Prologis Inc.

Public Citizen Inc.

QUALCOMM Inc.

RELX PLC

Roblox Corp.

Snap Inc.

The Cigna Group

TikTok Inc.

Tim Hortons Inc.

University of Miami

University of Virginia

V2X Inc.

Verisk Analytics Inc.

Volkswagen AG

Yahoo Inc.

YouTube Inc.

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

California Privacy Protection Agency

Court of Justice of the EU

European Commission

European Data Protection Board

European Union

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Judicial Center

Federal Reserve System

Federal Trade Commission

Financial Stability Oversight Council

House Committee on Energy and Commerce

Illinois Supreme Court

Los Angeles County District Attorney's Office

Massachusetts Supreme Judicial Court

New Jersey Supreme Court

New Mexico Attorney General's Office

Office of the Comptroller of the Currency

Superior Court of Massachusetts

Texas Attorney General's Office

U.S. Attorney's Office for the District of Massachusetts

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Department of Education

U.S. Department of Justice

U.S. Department of the Interior

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Mexico

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Middle District of Pennsylvania

U.S. District Court for the Middle District of Tennessee

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the District of North Dakota

United States District Court for the District of Utah

United States District Court for the District of Wyoming