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US firms get extension on security regulations

US businesses in the state of Massachusetts have been given more time to put in place encryption and other online security controls for protecting personal data for consumers.

The businesses have won an extension on the deadline on new tough regulations, which are aimed at streamlining how businesses protect and store consumers' personal information.

According to undersecretary of Consumer Affairs and Business Regulation at the Office of Consumer Affairs and Business Regulation Daniel Crane, many firms in the state already practice encryption but some needed more time.

"These sensible measures are already widely used by many Massachusetts companies, but we recognize that some businesses, currently facing economic uncertainties, will benefit from having additional time to comply," he said.

"The action taken today serves to provide flexibility to businesses working to implement the necessary measures to safeguard their customers' personal information in a timely manner."

Firms have until May next year to comply with the measures, which include encrypting laptops and implementing ID theft prevention programs among others.