2019 legislative issue – Page 4 – InfoHive

3 Reasons States Should Act on Cybersecurity Standards

Timely. All 6 US Senators running for President in 2020 are cosponsors of cybsercurity legislation
History of federal Action. Standardizing cybersecurity practices at the federal level is difficult
Agency infighting is creating disparate standards
State Success. State leaders have pushed legislative success to protect its citizens like:
- TX, IL, WA and MA protecting biometric data
- OH liability protection law
- CA version of GDPR

HB 4371 (2019 | TX) requires that digital currency (crypto currency)have a verified identity.

Texas would be the first state to prohibit anonymous cryptocurrency.

Special Purpose Depository Institutions will service blockchain industry in WY HB 74 (WY | 2019)
Business FIlings using a blockchain system HB 70 (WY | 2019)
Allow for Certified Stock Tokens (Bitcoin) HB 185 (WY | 2019)
Allow digital assets in commercial laws and allow banks to serve as custodians for digital assets SF 125 (WY | 2019)

California’s AB 953 (CA | 2019) would permit legal cannabis businesses to pay state taxes using cryptocurrency

California is revising its first in the nation data protection bill by:

include passport and government ID numbers as data that trigger notification after a data breach
include biometric data, fingerprints, and iris and facial recognition scans, as data that trigger notification after a data breach

City: San Francisco

Oregon’s Senate Bill 703 will:

label health data as the patient’s property
require health care companies to obtain signed authorization from individual consumers before de-identifying their data for sale to a third party

SF 0125 (WY | 2019) will allow crypto currency to have property rights outside third party storage.

What does this mean?

Wyoming is the 1st US state to allow private ownership of cryptocurrency
Wyoming hopes blockchain and cyrptocurrency then partake in WY courts, business registrations
Wyoming becomes the Delaware or Nevada of cryptocurrency, as Deleware and Nevada are for traditional corporate filings

Washington State is considering SB 5376 and HB 1854 (WA | 2019) will:

Consumer Access to data collected on them
Consumers can delete data collected on them
Consumers can correct their data
Consumers can restrict access to their data
Consumers can get a copy of their data
Consumers can object to their data for marketing
No profiling based on data
Comapnies collecting data have 30 days to respond to consumer requests, with an extention of an additional 60 days for voluminous requests

The…

New York Department of Education is proposing new rules that will:

Parent’s Bill of Rights applicable to 3rd party vendors and setting standards on disclosing student data
The National Institute for Standards and Technology Cybersecurity Framework (“NIST CSF”)
Annual training for school district employees
A Data Protection Officer in every school
Notice of a school data breach must be given to the Department of Education within 10 days
Civil Penalties that accrue per individual affected…