We saw it in the TJX breach; a credit union sending a bill for over $500,000 to cover the cost of notifying and mailing new cards to their customers. Now California is wants to make sure this is the law of the land. A bill titled the Consumer Data Protection Act, currently awaiting a signature by Governor Arnold Schwarzenegger, would do just that.
Additionally, the bill would prohibit retailers from storing and retaining data from the cards' magnetic strips. Also, California's notification requirements to consumers would be expanded to include details about the type of infomration lost, as well as the offending merchants names. Currently, 35 other states have passed breach notification laws, but none so far reaching as this.
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