Following up on our post from June 7, Governor Cuomo has now signed the SHIELD Act into law. New section 899-bb of the General Business Law, which creates substantive security obligations for all persons or businesses that own or license the defined “private information” of New Yorkers, goes into effect in 240 days, with the rest of the law taking effect within 90 days.
New York Temporarily Allows Remote Witnessing of Wills and Other Documents in Response to COVID-19 Pandemic
The Department of Defense (“DoD”) recently announced that a new cybersecurity standard and certification program for defense contractors, the Cybersecurity Capability Model Certification program (“CCMC”), is currently under development and nearly ready for deployment.
Cybersecurity law moves quickly and what may have been dead in one legislative session can come back in another to change the regulatory landscape in unexpected ways. Case in point, the NY SHIELD Act, S5575A, which passed in the New York Senate this week.
Effective July 1, the New York State legislature has modified a key provision of the Not-for-Profit Corporation Law (NPCL) regarding the ability of New York non-profits to establish a sole member structure. This change may require immediate adjustment to legal structures by affected non-profits.
The IRS has released new guidance that simplifies compliance with decades-old rules relating to private school’s publication of policies related to racial non-discrimination.