Cyber liability insurance
Under state law, a business that believes a California resident’s personally identifiable information (PII) was acquired by an unauthorized person must notify the affected person, and possibly state officials as well. Failure to comply can result in lawsuits and fines.
According to state law, businesses in New Jersey that experience a breach of personal information must notify affected residents, or face significant fines. They must also report the breach to New Jersey state offices.
According to state law, businesses in New York that experience a breach of private information must notify any affected residents, or face significant fines. They must also report the breach to several New York state offices.
Because state laws regulate the investigation and handling of data breaches, it's important to know the notification requirements for your business location. Learn more about the laws for data breach notification in your state.
