Aug 6


Senate Bill 220—legislation that would provide a legal safe harbor opportunity for covered entities that willingly implement a specified cybersecurity program—was signed into law by the Governor on Friday, August 3. GCP was in strong support of the legislation because it provides an incentive to encourage businesses to achieve a higher level of cybersecurity. The initiative is not a mandate.  

Over the course of the last year, GCP and our members have had encouraging dialogue, resulting in the introduction of this legislation. 

Language was also included in the bill that generally states: 
• "A record or contract that is secured through blockchain technology is considered to be … an electronic record.”
• “A signature that is secured through blockchain technology is considered to be … an electronic signature.”

 “We have increasingly identified cybersecurity as a critical issue and significant challenge,” said Tim Opsitnick, VP & General Counsel at Technology Concepts & Design, Inc. “We applaud this legislation because it is a voluntary action that recognizes the difficulty businesses have in protecting their ventures, their workforce, and those with whom they do business.  In addition, provisions in the bill clearly begin to signal Ohio is “open for business” with blockchain technologies.” 

Tim Opsitnick serves as Vice Chair of the Greater Cleveland Partnership Government Affairs Council and Chair of the COSE Small Business Caucus.