With identity theft and fraud on the rise the Massachusetts Office of Consumer Affairs and Business Regulation has implemented regulatory requirements to protect your personal information.
Over 250,000,000 records have been compromised in security breaches since 2005. In 2008 Massachusetts had over 600,000 breaches in a ten month period.
Sources: 1)ProivacyRights.org; 2) Mass.gov; 3) DataLossDB.org
All persons, corporations, organizations, partnerships or other legal entities who own, license, store or maintain Massachusetts resident’s personal information are responsible for complying with the 201 CMR 17.00 regulations by March 1, 2010.
The regulations require businesses to complete an internal and external security assessment prior to the effective date. Through the Massachusetts General Law Title XV, violators of the 201 CMR 17.00 may face a civil penalty of $5,000 per violation and are required to pay the costs of investigation and litigation of any violation. Additionally Violators may be subject to additional civil action. The law also requires any data breach to be reported to both the Attorney General and the Office of Consumer Affairs and Business Regulation (OCABR).
Safe Side Compliance provides a comprehensive range of services to assist in protecting our client's business assets. Our security specialists bring a unique combination of business and technical expertise allowing us to provide our clients with the highest quality of professional services.
We work closely with organizations to address their security and compliance concerns without disrupting their ability to do business. Safe Side Compliance will identify vulnerabilities and recommend effective security solutions. Additionally we assist in the development and implementation of policies, processes and procedures to meet industry standards. Coupled with our security awareness training, we create a holistic security environment.
Our clients appreciate the difference in working with our expert security specialists who are committed to developing long-term partnerships by delivering an unrivaled caliber of service and providing best-in-class compliance solutions.
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