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Transformativ IP

Video

Criminal Liability for Regulatory Violations

  • New York and California:
    • New York's RAISE Act can impose up to $30 million in civil penalties.
    • California's SB 942 fines accumulate daily, and SB 1120 includes potential jail time for willful violations.
  • Texas and Florida (Compliance failures can lead to prison):
    • Texas's SB 1188 mandates US-based data storage, and intentional misuse of Protected Health Information (PHI) carries up to 10 years imprisonment.
    • Florida's Health Insurance Portability and Accountability Act (HIPAA) criminal penalties go up to 10 years, and AI deep fakes can result in felonies.

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