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Post-Equifax, NY AG Proposes Tougher Data Security Laws

Law360, New York (November 6, 2017, 5:52 PM EST) -- New York Attorney General Eric Schneiderman introduced new legislation bolstering efforts to protect consumers’ personal information from breaches, saying the Equifax hack has shown that the state's data security laws are “weak and outdated.”

The new bill, named the Stop Hacks and Improve Electronic Data Security Act, or SHIELD Act, would close certain loopholes in New York data security laws by placing a legal responsibility on companies to adopt administrative, technical and physical safeguards for the data they store, the attorney general said in a statement.

Currently, New York only requires companies to meet data security requirements if they store Social...

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