NYS SHIELD Act Takes Effect Next Year
New York Governor Andrew Cuomo signed into law the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) this past July. The SHIELD Act increases data security and data breach notification requirements on companies, in the hope of to ensuring better protection for New York residents from data breaches of their private information. The act takes effect on March 21, 2020.
“How does this affect me?”
Any person or business that owns or licenses computerized data which includes private information of New York residents must comply with breach notification requirements, regardless of whether the person or business conducts business in New York.
This act adds cybersecurity regulations to businesses not previously affected by the NYS DFS cybersecurity regulations. It will add similar safeguards to protect NYS resident’s personal information by utilizing encryption programs, providing security training, and having written policies that entail processes that occur if issues do arise.
Businesses that are already regulated and comply with data breach notice requirements under certain applicable state or federal cybersecurity laws (e.g. HIPAA) are still required to notify the New York attorney general, the New York State Department of State Division of Consumer Protection, and the New York State Division of the State Police.
Want to ensure you meet these guidelines? Call us for more information at 855-888-8326.
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