Many of you may have received data breach notices from credit card or other companies. Now if your company does business in one of the 45 states that require notification you will have to do the same and you should protect yourself from the risks.
On July 9, 2009, Missouri became the 45th state to enact a data breach notification law. This leaves Alabama, Kentucky, Mississippi, New Mexico, and South Dakota as the only remaining states without a breach notification requirement. The Missouri law went into effect Aug. 28, 2009.
Read this article posted by the AICPA for a summary of the new law.
Posted by Tom Beisner, CPA, The Whitlock Company
