In September 2008, the Commonwealth of Massachusetts passed a law that changes the way that companies store and transfer personal information. This law applies to businesses in all industries, and it particularly affects firms that handle a significant amount of personal information such as companies in the accounting, financial, and healthcare businesses. 201 CMR 17 takes effect on March 1st 2010, which gives companies just a few months to ensure they comply.
According to the new law, Personal Information is a Massachusetts resident's first and last name or first initial and last name in combination with any one or more of the following:
Depending upon your firm's existing security policies and procedures, 201 CMR 17 may affect the way that your company stores employee and client information as well as the way you exchange information with vendors and clients.
To request a complimentary consultation with one of our 201 CMR 17 specialists, call us at 1-800-441-3453 or fill out the below form: