SB 692 – Cybersecurity Standards and Liability

On Monday, January 26, SB 692 by Senator Tom Leek (R-Ormond Beach) was heard by the Senate Governmental Oversight and Accountability Committee and was reported favorably. AIF spoke in support of this legislation.

This bill tackles civil liability from the cybersecurity perspective. As businesses, large and small, continue to rely on data and software to effectively service their customers, frivolous litigation has been on the rise following cyber-attacks on businesses. The bill sets standards for businesses to follow, so if a breach occurs, they are protected from frivolous litigation. Additionally, the bill creates a structure for companies using consumer data to better protect the data from cyberattacks.

SB 692 will now go to the Senate Judiciary Committee for consideration.

AIF supports legislation that creates a clear and consistent framework for businesses to follow in order to safeguard consumer privacy and to reduce the risk of frivolous litigation. These measures will create a fair playing field and encourage more businesses to invest in Florida.