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From: Henry Brown (hbrownknology.net)
Date: Fri Aug 31 2007 - 16:11:44 CDT
Calif. bill holding retailers responsible for breach costs advances
August 31, 2007 (Computerworld) -- Retailers hoping to convince
California lawmakers not to pass a proposed bill that would require them
to pay banks and credit unions for the costs associated with a data
breach lost another important round Thursday.
The state's Senate Appropriations Committee approved the landmark
Consumer Data Protection Act or AB 779, by a 13-2 vote late Thursday.
The measure, authored by Assemblyman Dave Jones, (D-Sacramento), won
overwhelming approval (58-2) in the State Assembly in early June.
The bill is now expected to go before the full Senate in as little as a
week. If approved, it would then go to Gov. Arnold Schwarzenegger for
If signed into law, analysts expect the measure could have a ripple
effect in other states, in much the same way an earlier California's
measure affected data breach notification laws.
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