An amended version of a closely watched data breach bill that was vetoed by California Gov. Arnold Schwarzenegger is headed to his desk for approval. The bill would require retailers that accept payment card transactions to take specific precautions for protecting cardholder data. An earlier provision that would have required retailers to reimburse financial institutions for the costs involved in replacing credit and debit cards compromised in breaches has been dropped. The amended bill was approved by the California State Assembly by a 74-1 margin on Saturday, after passing muster in the state Senate last Wednesday.”]
Source: https://www.csoonline.com/article/2123131/vetoed-data-breach-bill-goes-to-schwarzenegger-again.html