Can I store personal information about my customers in Wyoming? What are the requirements?

Storing Personal Information of Customers in Wyoming

Yes, you can store personal information about your customers in Wyoming, but you must comply with the state’s privacy laws. The Wyoming privacy laws require that you provide an initial, annual, and revised privacy notice to your customers that includes specific information about the categories of nonpublic personal financial information that you collect, disclose, and share with affiliates and nonaffiliated third parties ^[1.2][1.3].

You must also provide information about your policies and practices with respect to protecting the confidentiality and security of nonpublic personal information ^[1.2]. Additionally, you must comply with the limits on the redisclosure and reuse of nonpublic personal financial information that you receive from nonaffiliated financial institutions under Sections 15 or 16 of the Wyoming privacy laws ^[1.3].

If you disclose nonpublic personal financial information to nonaffiliated third parties, you must provide your customers with an opt-out notice that explains their right to opt-out of the disclosure of their nonpublic personal financial information to nonaffiliated third parties ^[1.3].

In summary, you can store personal information about your customers in Wyoming, but you must comply with the state’s privacy laws, including providing privacy notices, protecting the confidentiality and security of nonpublic personal information, and providing opt-out notices to your customers.

Source(s):

• [1.2] Annual Privacy Notice to Customers Required.
• [1.3] Limits on Disclosure of Nonpublic Personal Financial Information to Non- affiliated Third Parties.

Jurisdiction

Wyoming

• Privacy