S1216: Cybersecurity of Mortgage Brokers and Lenders and Money Services Businesses
Legislative Summary
Requiring licensees to develop and maintain a specified information security program; requiring licensees to make a prompt investigation of a cybersecurity event that has occurred or may occur; requiring licensees to provide a specified notice to the Office of Financial Regulation; revising the actions that constitute grounds for disciplinary actions for mortgage brokers and lenders and grounds for the issuance of a cease and desist order or removal order or the denial, suspension, or revocation of a license of a money service business, respectively, etc.
Demographic Impact
Overall analysis of equity impact
Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
Status Information
Sponsors
Primary Sponsor
