MMA plans to voice opposition this week to legislation which would impose the world’s most stringent data breach notification requirement on Michigan manufacturers and other companies that collect data from customers. Senate Bills 632 and 633, introduced by Senator Darwin Booher (R-Evart), also create a new cause of action, allowing banks and other financial institutions to sue your company for damages related to a data security breach.
“Nothing in this bill enhances cyber security; it only shifts the financial responsibility away from banks and onto manufacturers and other businesses,” said Delaney McKinley, MMA senior director of government affairs and membership.
The bills are currently before the Senate Banking and Financial Institutions Committee. Joining MMA in opposition to this legislation is a coalition representing Michigan’s business community. Click here to see the coalition’s letter to the Senate Committee.
This article originally appeared in the 5/1/18 issue of MFG Voice.