FL S1524

Establishes the "Florida Information Protection Act of 2014" requiring covered entities and governmental entities to take reasonable measures to protect electronic data containing personal information.

Requires entities to notify the Department of Legal Affairs within 30 days of a data breach affecting 500 or more Florida residents, with an optional 15-day extension for good cause.

Mandates notification to affected individuals within 30 days of discovering a breach, except when delayed by law enforcement request or when entity determines no identity theft or financial harm will result.

Requires entities to notify consumer reporting agencies without unreasonable delay if breaches affect more than 1,000 individuals at once and establishes specific civil penalties up to $500,000 for violations of notification requirements.

Repeals previous breach notification statute (s. 817.5681) and establishes no private cause of action, with violations treated as unfair or deceptive trade practices enforceable by the Department of Legal Affairs.