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As we begin a new year, organizations should continue to be prepared to address challenges arising from the ongoing proliferation of cybersecurity threats that wreak havoc on businesses and customers. In response to an increase in cybersecurity incidents, a number of state and federal laws have been passed, including New York State’s recently enacted “The Stop Hacks and Improve Electronic Data Security Act,” commonly referred to as the “SHIELD Act”.
The SHIELD Act’s provisions are not effective until March 21st of this year. This means, organizations still have time to review their existing practices and cybersecurity policies to minimize exposure to data breaches and to ensure compliance with applicable laws, including the SHIELD Act.
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