North Dakota law heightens data security requirements for some financial institutions
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North Dakota law heightens data security requirements for some financial institutions
Background On January 7, 2025, North Dakota’s House Industry, Business, and Labor Committee introduced HB 1127, at the request of the Department of Financial Institutions. HB 1127 successfully passed through both legislative chambers and was signed into law by the Governor on April 11, 2025. This new law focuses on data security requirements for certain financial institutions, creates Chapter 13-01.2 of the North Dakota Century Code, and amends …
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