A survey of 550 general counsel and business leaders by law firm Hogan Lovells, ‘Litigation Landscape: How to prevail when technology fails’, has found businesses frequently leave themselves exposed to potential lawsuits and fines when investing in technology
Potential liabilities include in-built algorithm bias, cyber-attacks, systemic technology failure and weak points in technology partnerships.
Nearly three-quarters of respondents did not involve data privacy specialists from the outset.
Valerie Kenyon, Hogan Lovells partner, said companies should ‘work closely with their legal and privacy teams during the entire lifecycle of a product’.
