GDPR, CCPA and Now, the NY SHIELD Act: Additional Data Security Responsibilities for Companies Holding the Private Information of NY Residents

On March 21, 2020, the last of the features of the NY Stop Hacks and Improve Electronic Data Security Act became effective:  its data security requirements.  The SHIELD Act is a sweeping statute governing individual rights relating to data breaches.  It was adopted in July 2019 and has been rolled out in the months since then:  its breach notification provisions took effect on October 23, 2019, and its data security requirements have now taken effect.  Companies and individuals doing business with New York residents are advised to familiarize themselves with the obligations contained in this new law.