In a recent development, a new bill has been introduced in Florida that aims to reduce the liability of entities in the event of a cyber incident. The "FL Bill Seeks to Reduce Cyber Incident Liability for Entities That Meet Industry Standards" seeks to provide relief to organizations that take proactive measures to protect themselves against cyber threats.
By meeting industry standards for cybersecurity, these entities will be exempt from liability in the event of a cyber attack. This bill is a significant step towards encouraging organizations to prioritize cybersecurity and protect themselves from the ever-evolving threat of cyber attacks.
The bill is designed to provide a clear and comprehensive framework for entities to follow in order to reduce their liability in the event of a cyber incident.
By meeting industry standards for cybersecurity, entities can demonstrate their commitment to protecting sensitive information and systems. This will not only reduce their liability but also enhance their reputation and credibility in the eyes of customers and stakeholders. The bill also provides a clear and consistent approach to handling cyber incidents, which will help to minimize the impact of these incidents on organizations and [+]
January 29, 2024 - Florida lawmakers have proposed new legal protections for businesses facing claims of negligence in data breach lawsuits in the recently introduced Florida House Bill No. 473 .
By meeting industry standards for cybersecurity, these entities will be exempt from liability in the event of a cyber attack. This bill is a significant step towards encouraging organizations to prioritize cybersecurity and protect themselves from the ever-evolving threat of cyber attacks.
The bill is designed to provide a clear and comprehensive framework for entities to follow in order to reduce their liability in the event of a cyber incident.
By meeting industry standards for cybersecurity, entities can demonstrate their commitment to protecting sensitive information and systems. This will not only reduce their liability but also enhance their reputation and credibility in the eyes of customers and stakeholders. The bill also provides a clear and consistent approach to handling cyber incidents, which will help to minimize the impact of these incidents on organizations and [+]
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