New York’s SHIELD Act could change companies’ security practices nationwide.
The Stop Hacks and Improve Electronic Data Security Act, otherwise known as the SHIELD Act, is a New York State bill signed into law last July. One key provision in the legislation that could significantly change security practices across the country is slated to go into effect March 21, possibly inducing companies big and small to change the way they secure and transmit not only New Yorkers’ private data but all consumers’ sensitive information.
Technically an amendment to the state’s data breach notification law, the SHIELD Act could have as much of an impact on internet and tech companies’ privacy and security practices as the more famous California Consumer Privacy Act (CCPA) or even the European Union’s General Data Protection Regulation (GDPR) experts say.[This article appeared in CSO Online. To read the rest of the article please visit here.]