Companies Now Face Israel Data Security, Breach Notice Rules
Jenny David reports:
Companies doing business in Israel will soon face mandatory data security and data breach notification requirements under regulations recently cleared by lawmakers.
The data security and breach notice had been governed by voluntary guidelines issued in 2012 by the country’s privacy regulator, the Israeli Law, Information and Technology Authority (ILITA). Companies that didn’t implement measures when the voluntary guidelines were issued, including data breach notification, will have difficulty coming into compliance when the new regulations take full effect in 12 months, lawyers said.
Read more on Bloomberg BNA.