What You Need To Know About Shield ACT

What You Need To Know About Shield ACT

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The New York Stop Hacks and Improve Electronic Data Security Act (Shield Act) was passed on July 25, 2019 as a revision to the New York State Information Security Breach and Notification Act. The law comes into effect on March 21, 2020.

Why is the SHIELD Act critical?

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The Shield Act is critical because it has “extraterritorial application” which means it covers all individuals, employers, or companies, irrespective of location, that collect private info on New York residents. Earlier, data breach notification requirements were limited to those that perform business in New York.

Who has to comply with the SHIELD Act?

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The SHIELD Act largely needs that “any person or business” that owns or licenses computerized data which encompasses private info of a New York resident “shall develop, execute and maintain judicious protections to safeguard the security, privacy and honesty of the private info, including, but limited to, the disposal of the data”.

Penalties and consequences of not complying with the SHIELD Act?

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If you don’t want to pay such a big penalty or face other consequences of not complying with the regulations laid out in the SHIELD Act, you must contact CompCiti. In the last few years, CompCiti has helped many SMBs in and around New York to update and manage their Cybersecurity program. The company provides a set of steps to ensure proper compliance and risk management.

To know more about how they can help with SHIELD Act compliance, call (212) 594-4374!

• Compciti Business Solutions Inc. • 261 West 35th Street, Suite 603 • New York, NY 10001 • Phone: (212) 594-4374 • Fax: (212) 594-6714 • https://compciti.com/contact/ Note: This content is created and provided by a third-party online content writer on behalf of Compciti, and is for commercial purposes only. Compciti does not take any responsibility on the accuracy of this content.