Along with the adoption of the Cybersecurity and Data Breach Law in 2019, New York's companies that store any private information about the NY residents and entities have to adopt the data security safeguards that fully comply with the provisions of the SHIELD Act
within 240 days. The core idea of this law is to extend the reach of New York's breach notification and cybersecurity requirements to protect the personal data of the NY residents and critical data of the New York entities.
That's only one of the tons of different cybersecurity precautions taken by the NY governments over the last few years. And, since the world's going digital today and is expected to utilize even more technical solutions and innovative optimizations in the future, there's never been a better time for improving digital security. As for 2019, New York's authorities have invested around $55.7 million for cybersecurity
only. Needless to say, after the pandemic outbreak, with millions of NY residents and companies switched to remote work, the investments will only increase.
However, it's not enough to simply invest in cybersecurity. It's even more important to regularly test the system for vulnerabilities and look for the optimization opportunities you can start implementing today. One of these is to learn from the most notable unfamous cybersecurity breaches of different organizations within and out of NY city!