What the SHIELD Act Means for Your Business

New York’s Shield Act, which come into force on March 21, 2020, is the latest data privacy law that businesses across the country have to take into account. It applies to any businesses with customers in New York, and especially to businesses with current or potential New York customers.

Coverage: The SHIELD Act New York has been amended to include any customer who resides in New York, whether the business is based there or not.

Definition: The meaning of the term “security breach” has changed under the act. Before, consumers had to be notified about unauthorized access to information or data that had been acquired by a hacker or cybercriminal. Now, consumers must be notified when any unauthorized person accesses their personal information.

Shield Act New York

Data Type: Previously, the law protected only certain types of information, such as social security numbers and driver’s license numbers. These have been expanded to include:

  • Financial account numbers, such as credit card numbers, used to access an account.
  • Account usernames, passwords, emails, and security questions.
  • Biometric info used to recognize individuals.

How can businesses stay compliant with the SHIELD Act?

If you’re a business owner, you’ve probably been wondering what exactly you can do to comply with the SHIELD Act. Well, here are some tips for getting started:

  • Make sure your company has a compliance officer. This person should be responsible for overseeing all of your efforts to comply with the SHIELD Act, including training employees and making sure they understand how to handle sensitive data.
  • Make sure your policies are up-to-date and that you have a plan for handling customer information in the event of a breach.
  • Develop a process for handling customer inquiries about privacy and data security issues. It’s important that you have clear guidelines in place so that employees know how to respond appropriately when customers ask questions about what happens with their personal data after a breach has occurred.
  • Regularly monitor for suspicious activity on your systems, such as strange logins or unauthorized access attempts.

Let CompCiti Help:

CompCiti is here to help you stay on top of the latest technology trends and developments in the industry. They know that your company needs more than just IT support in New York. You need a partner that understands the intricacies of your business and can provide you with a range of services that will give you an edge over your competitors.

If you have any questions about the SHIELD Act New York or how it applies to your business, call CompCiti at (212) 594 4374!

Disclaimer:

This content is created and provided by a third-party online content writer on behalf of CompCiti and is for promotional purposes only. CompCiti does not take any responsibility on the accuracy of this article.

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