Celesq® Attorneys Ed Center

The Shield Act: Are You Compliant

Program Number: 3077

Program Date: 05/20/2020

Description

On March 20th a new law in New York went into effect requiring all businesses holding personal data belonging to New York residents to institute specific data security measures. Known as the “Stop Hacks and Improve Electronic Data Security Act" (the “Shield Act”), this new statute will be enforced by the New York Attorney General and mandates that a company must implement a number of “administrative, technical and physical safeguards” and appoint an employee to manage the cybersecurity program. Among other changes, the new law expands the definition of personal information and the definition of what constitutes a data breach. Failure to comply with this new statute authorizes the Attorney General to obtain statutory damages and the actual damages to consumers.

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Available in states

California, Colorado Eligible, Florida, Georgia, New Jersey Eligible, New York, Texas Self Study

Credit Information

50 minute credit hour - 1.0 General CLE credit, based on a 50 minute credit hour
60 minute credit hour - 1.0 General CLE credit, based on a 60 minute credit hour

State Program Numbers

Presenters


Nick Akerman, Esq.

Dorsey & Whitney LLP

Nick Akerman, Esq. is a partner in the New York office of Dorsey & Whitney LLP, where he represents clients in responding to government prosecutions and investigations and assists corporate clients in complex civil litigations. He is an expert on the criminal and civil applications of the Racketeer and Corrupt Organizations Statute (“RICO”), the Economic Espionage Act, the federal Securities Laws, the Foreign Corrupt Practices Act (“FCPA”) and State Trade Secret and Restrictive Covenant Laws. He also is an expert on computer crime and the protection of competitively sensitive information and computer data. Prior to private practice, Mr. Akerman served as a federal prosecutor as well as a member of the Watergate prosecution team. He was an Assistant United States Attorney in the Southern District of New York, where he prosecuted a wide array of white collar criminal matters, including bank frauds, stock frauds, complex financial frauds, environmental and tax crimes and served as Assistant Special Watergate Prosecutor with the Watergate Special Prosecution Force under Archibald Cox and Leon Jaworski. Mr. Akerman appears regularly on MSNBC concerning topical national issues, including the FBI’s ongoing investigation into alleged Russian tampering with the U.S. election, and speaks and writes regularly on protecting computer data and has been a featured quoted expert on national issues in such publications as the Washington Post, Newsweek, The Hill, Politico, and US News & World Report. His blog can be found at http://computerfraud.us. He has been listed as a "New York Super Lawyer," 2009 – 2017.

 

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