Friday, October 23, 2009
Companies must inform customers of data breach
Businesses are now required by state law to tell Missouri customers when personal information is compromised and their identity is at risk of being stolen by hackers.
Fines up to $150,000 can be levied against businesses for willful noncompliance. Zachary Hammerman, an attorney in the intellectual property and technology transactions practice groups of Greensfelder, Hemker & Gale PC in St. Louis, has been advising business clients on how to comply with the new law, which went into effect at the end of August. stlouis.bizjournals.com