North Dakota Enacts Financial Data Security and Breach Notification Law
FinancialSectorLegislationOfNoteState/Local
On April 11, 2025, the governor of North Dakota signed H.B. 1127 into law, establishing new data security measures and breach notification obligations for financial companies. The entities affected are those regulated by the North Dakota Department of Financial Institutions, excluding banks and credit unions. Key requirements include data security measures and notification obligations in the event of a breach.