The current patchwork of state and federal privacy regulation and laws, including breach laws, creates compliance challenges for many businesses. While there has been discussion of potential harmonization of state breach laws, which could involve streamlining compliance requirements across the states, regulators appear to be tackling a uniform enforcement buffer first.
Reed Smith Client Alerts
State attorneys general (AGs) plan to propose a cybersecurity safe harbor and model state law that would minimize liability for companies from enforcement if they suffer a breach after putting approved cybersecurity standards into place.
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