Photo: VideoFlow via Adobe Stock Strong Cybersecurity May Save Your Business Big Bucks
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.
June 21, 2024 at 11:46 AM
5 minute read
Board of Contributors
It seems that not a week goes by without news of a major cybersecurity incident impacting an array of entities ranging from state and local governments to not-for-profit organizations to some of America's largest and most well-known companies. The prevalence of cybersecurity incidents and more specifically data breaches has become so frequent that much of the public pays little attention, perhaps a symptom of "breach notice fatigue."
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