Not many companies are aware of the repercussions of the recently adopted cyber security guidelines relevant to all employers in New York State. The "Stop Hacks and Improve Electronic Data Security" (SHIELD) Act requires businesses to implement safeguards for the "private information" of New York State residents and broadening New York's security breach notification requirements. Businesses must comply within 240 days of when Governor Cuomo signed the law, or March 21, 2020.

Chris Hannan, Director of IT at DB&B, discusses the SHIELD Act. For more information, contact Dermody, Burke & Brown, CPAs at 315-471-9171.

The information reflected in this article was current at the time of publication.  This article will not be modified or updated for any subsequent tax law changes, if any.