The S.H.I.E.L.D. law

The application packages that co-ops (and to some degree, condos) require from prospective buyers include a great deal of private information.  Last summer, Governor Cuomo signed into law the Stop Hacks and Improve Electronic Data Security (SHIELD) Act, which requires all businesses and organizations in possession of electronic personal information about any resident of New York State to safeguard that information by March 21, 2020.  You should read more about the implications and requirements of this new law in an article posted in the New York Cooperator.

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