California Data Breach Bill, Sans Retail Reimbursement, Awaits Governor’s Decision
Written by Evan SchumanSeptember 8th, 2008
Almost a year ago, California Gov. Arnold Schwarzenegger vetoed a controversial state breach bill that would have forced retailers to reimburse financial institutions for replacing compromised credit and debit cards. But in Schwarzenegger's veto message to the State legislature, he specified that it was the reimbursement provision that he objected to, not the bill itself. Although the bill had more than enough votes to sustain an override of the veto, legislative backers opted instead to recraft the bill without that provision.
That watered-down bill—The Consumer Data Protection Act, or AB 1656—passed in the California State Senate 34-3 last Wednesday (Aug. 27) and was then OK'd by the California State Assembly by a 74-1 margin on Saturday (Aug. 30). The governor has until the end of September to decide whether to sign.
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Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
