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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to consumer protection
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2117
Title of bill
An act to amend the general business law, in relation to identity theft prevention
Purpose
To mandate that businesses in New York adopt information security plans.
Summary of provisions
Amends the General Business Law by adopting a new Article 32-A on Identity Theft Protection.
Existing law
Existing Law provides criminal penalties for identity theft but does not require business to adopt a comprehensive security plan.
Justification
In the modem electronic age, identity theft is one of the fastest growing forms of crime that affects all citizens of the State. Identity theft is a form of fraud or cheating of another person's identity in which someone pretends to be someone else by assuming that person's identity, typically in order to access resources or obtain credit and other benefits in that person's name. The victim of identity theft (here meaning the person whose identity has been assumed by the identity thief) can suffer adverse consequences if he or she is held accountable for the perpetrator's actions. Organizations and individuals who are duped or defrauded by the identity thief can also suffer adverse consequences and losses, and to that extent are also victims.
Legislative history
New Bill.
Fiscal implications
None to the State
Local fiscal implications
None.
Effective date
Ninetieth day after it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.