What are the laws and regulations regarding data security?
In North Carolina, businesses must take reasonable steps to protect personal data from unauthorized access or disclosure. Businesses are obligated to create and maintain a secure environment in which to store personal data. This includes physical security measures such as locked cabinets and physical barriers, as well as logical security measures like password protection and encryption of data stored electronically. Every business must also have a data security policy in place to ensure that the data is not misplaced or misused. In addition to physical and logical security measures, businesses must also comply with the state’s data breach notification law. Businesses that experience a data breach involving personal data must notify affected individuals within 45 days of discovering the breach. The notification must include information about the breach, the type of personal information that may have been compromised, and steps taken by the business to protect any remaining data. Businesses must also comply with the Identity Theft and Personal Information Security Act. This act requires businesses to adopt and maintain written information security and data breach programs. These programs must include administrative, technical, and physical safeguards specifically designed to protect personal information from unauthorized access and breach. The programs must also include the ability to detect, contain, and prevent security incidents involving personal information. Businesses must also comply with the federal Health Insurance Portability and Accountability Act. This act requires businesses that store, process, transmit, or maintain protected health information to maintain reasonable and appropriate administrative, technical, and physical safeguards to protect the confidentiality, integrity, and security of the information. Businesses must also have a designated Security Officer who is responsible for implementing and maintaining the security program.
Related FAQs
What type of licenses or permits do I need to open a business in my state?What are the laws and regulations regarding employee stock ownership plans?
What are my rights and responsibilities as a small business owner?
What are the requirements and regulations for exporting products?
What are the laws and regulations for government contracting?
What should I know about conducting business across state lines?
What is small business law?
What are the laws and regulations pertaining to consumer protection?
What are the laws and regulations governing mergers and acquisitions?
What type of legal documents should I keep on file?
Related Blog Posts
Everything You Need to Know About Small Business Law - July 31, 2023Managing Your Small Business Responsibilities with the Help of a Lawyer - August 7, 2023
Understanding the Benefits of Incorporating Your Small Business - August 14, 2023
Knowing Your Rights When Starting a Small Business - August 21, 2023
Tips to Avoid Common Legal Mistakes When Growing Your Small Business - August 28, 2023