| | 2.__Notification to owner or licensee.__A business in | possession of electronic data containing personal information | that the business does not own or license shall notify the owner | or licensee of the personal information if the personal | information was, or is reasonably believed to have been, acquired | by an unauthorized person through a security breach. |
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| | 3.__Timeliness of notification.__Except as provided in | subsection 4, notification required pursuant to subsections 1 and | 2 must be made as expediently as possible and without | unreasonable delay following: |
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| A.__The discovery by the business of a security breach; and |
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| B.__Any measures necessary to determine the scope of the | security breach, prevent further disclosures and restore the | reasonable integrity of the system. |
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| | 4.__Delay of notification for law enforcement purposes.__ | Notwithstanding subsections 1 and 2, if a law enforcement agency | determines that the notification required under this section | would impede a criminal investigation, notification may be | delayed until that law enforcement agency determines that the | notification will no longer compromise the investigation. |
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| | 5.__Methods of notice.__A business is considered to be in | compliance with this section if the business provides the subject | person with: |
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| A.__Written notice by regular, first-class mail; or |
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| B.__Substitute notice, if: |
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| (1)__The business demonstrates to the Director of the | Office of Consumer Credit Regulation within the | Department of Professional and Financial Regulation | that the cost of providing direct notice would exceed | $250,000; |
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| (2)__The number of subject persons to be notified | exceeds 500,000; or |
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| (3)__The business does not have sufficient contact | information to notify the subject persons. |
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| | 6.__Alternative notification procedures.__Notwithstanding the | requirements of subsections 1 and 2, a business is in compliance | with the requirements of this chapter if the business maintains | its own reasonable notification procedures as part of a security | policy for personal information and notifies subject |
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