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Gov signs bill that incentivizes businesses to adopt cybersecurity standards

The Act Incentivizing the Adoption of Cybersecurity Standards for Businesses goes into effect on Oct. 1. Read the entire bill here. Gov. Lamont held a signing ceremony at the University of Connecticut Tech Park in Storrs. Supported by the state’s business community, Lamont said the legislation protects businesses from punitive damages if personal or restricted information is improperly accessed, maintained, communicated, or processed, so long as such businesses have adopted and adhered to appropriate cybersecurity measures. It does not diminish other important legal rights and actions that individuals and businesses can take after a cyber breach. During the ceremony, Lamont also announced an $11 million investment to support the State of Connecticut’s enhanced cybersecurity efforts, with an initial $8.2 million on the agenda for the State Bond Commission at its upcoming meeting.

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