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Can you summarize 24 OKST 163?
Credit Services Organization Act > Disclosure of Security Breach - Notice
Short Summary
This legal document, part of the Oklahoma Statutes’ Debtor and Creditor section, pertains to the disclosure of security breaches involving personal information. It requires individuals or entities that own or license computerized data containing personal information to disclose any breach of the system’s security to affected residents of Oklahoma. The disclosure must be made without unreasonable delay and if the breach involves encrypted information accessed in an unencrypted form or a person with access to the encryption key. Additionally, individuals or entities that maintain computerized data they do not own or license must notify the owner or licensee of any breach. However, notice may be delayed if it would impede a criminal or civil investigation or jeopardize national or homeland security. The document does not specify any penalties for non-compliance. This provision was enacted as part of the Oklahoma Statutes in 2008.
Whom does it apply to?
Individuals or entities that own or license computerized data containing personal information, residents of Oklahoma whose personal information was accessed and acquired by an unauthorized person
What does it govern?
Disclosure of Security Breach - Notice
What are exemptions?
Notice may be delayed if it would impede a criminal or civil investigation or jeopardize national or homeland security
What are the Penalties?
No specific penalties mentioned
Jurisdiction
Oklahoma