New York bill A01157 mandates a five-day disclosure period for breaches in system security.

New York Assembly Bill A01157 amends the general business law to require any person or business owning or licensing computerized data containing private information to disclose any security breach within five days of discovery. Previously, the disclosure had to be made within thirty days, except for law enforcement needs. The bill takes effect immediately upon enactment.

New York bill A01157 mandates a five-day disclosure period for breaches in system security.

New York Assembly Bill A01157 amends the general business law to require any person or business owning or licensing computerized data containing private information to disclose any security breach within five days of discovery. Previously, the disclosure had to be made within thirty days, except for law enforcement needs. The bill takes effect immediately upon enactment.