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[Dataloss] CA: Schwarzenegger vetoes data-breach bill

From: Sullo (csullogmail.com)
Date: Mon Oct 15 2007 - 12:21:12 CDT


http://www.securityfocus.com/brief/607?ref=rss

California Governor Arnold Schwarzenegger vetoed a bill on Saturday that
would have prevented companies from retaining certain sensitive payment data
and spelled out what information firms would need to disclose in the event
of a breach.

The bill, identified as Assembly Bill 779, would have prohibited the storage
of "payment verification codes, ... PIN verification values, or any payment
related data that is not needed for business purposes,"

[...]

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