| | | 2.__Notification to owner or licensee.__A business in | | possession of electronic data containing personal information | | that the business does not own or license shall notify the owner | | or licensee of the personal information if the personal | | information was, or is reasonably believed to have been, acquired | | by an unauthorized person through a security breach. |
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| | | 3.__Timeliness of notification.__Except as provided in | | subsection 4, notification required pursuant to subsections 1 and | | 2 must be made as expediently as possible and without | | unreasonable delay following: |
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| | | A.__The discovery by the business of a security breach; and |
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| | | B.__Any measures necessary to determine the scope of the | | security breach, prevent further disclosures and restore the | | reasonable integrity of the system. |
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| | | 4.__Delay of notification for law enforcement purposes.__ | | Notwithstanding subsections 1 and 2, if a law enforcement agency | | determines that the notification required under this section | | would impede a criminal investigation, notification may be | | delayed until that law enforcement agency determines that the | | notification will no longer compromise the investigation. |
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| | | 5.__Methods of notice.__A business is considered to be in | | compliance with this section if the business provides the subject | | person with: |
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| | | A.__Written notice by regular, first-class mail; or |
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| | | B.__Substitute notice, if: |
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| | | (1)__The business demonstrates to the Director of the | | Office of Consumer Credit Regulation within the | | Department of Professional and Financial Regulation | | that the cost of providing direct notice would exceed | | $250,000; |
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| | | (2)__The number of subject persons to be notified | | exceeds 500,000; or |
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| | | (3)__The business does not have sufficient contact | | information to notify the subject persons. |
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| | | 6.__Alternative notification procedures.__Notwithstanding the | | requirements of subsections 1 and 2, a business is in compliance | | with the requirements of this chapter if the business maintains | | its own reasonable notification procedures as part of a security | | policy for personal information and notifies subject |
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