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Committee hears bill to create cybersecurity "safe harbor" for small businesses; NFIB and SMBs testify, bill left pending
Summary
A committee substitute for Senate Bill 2610 would create a three-tiered cybersecurity safe-harbor framework to shield small and medium-sized businesses from exemplary damages in data-breach litigation if they maintain cybersecurity programs aligned with recognized industry standards.
Senator King introduced a committee substitute for Senate Bill 2610, which would create a cybersecurity safe-harbor for small and medium-sized businesses that maintain compliant cybersecurity programs aligned with recognized industry standards.
The sponsor and presenters said the substitute removes a drafting error that had created new liability, adds a three-tier compliance framework keyed to business size, and removes the Department of Public Safety from a role of determining industry standards…
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