Bill Dillon

June 21, 2024 | Daily Business Review

Likely in an effort to curtail some of the financial fallout businesses suffer from cyberattacks, the Florida legislature passed House Bill 473 (HB 473). HB 473 would create a new Florida statute, 768.401, F.S., that would limit the liability of a business ("covered entities" or "third-party agents") for "cybersecurity incidents" so long as the business: adopts a cybersecurity program that substantially aligns with certain standards and guidelines articulated in the statute; and substantially complies with the notice provisions of the Florida Information Protection Act.

By Traci Rollins, Stephen Richman and Bill Dillon

5 minute read