Businesses Prepare for New Data Encryption Regs

I know it's out there and poses a real threat, but I personally don't give identity theft much thought. But if you're a business owner who shares my sentiment, you'd better get it out of your system—and quick. According to this smSmallBiz article, Nevada has become the first of several states to require businesses to encrypt customer information that is transmitted electronically (Massachusetts will follow suit in January).

But even if you don't work in Nevada or Massachusetts, the new regulations there are still cause for concern as they will affect businesses that do business with customers who reside in those states. Check out the article for one Nevada small business owner's solution to complying with the new regulation.