ST. PAUL, Minn. — An act which would introduce industry card security standards into state law has passed the Minnesota House of Representatives, according to the Minnesota Credit Union Network, the industry trade association which backs the bill.

"This is one of the most important pieces of consumer legislation moving through the legislature this session, and I am pleased that members of the House agree," said MnCUN CEO Mark Cummins. "Minnesota consumers deserve to have their card data handled in a secure, responsible manner."

The 104-27 vote came on the heels of an article in the Wall Street Journal which identified a Marshall's store in St. Paul, Minn. as the point where hackers managed to breach the TJX Corporation's database. TJX is the parent company for Marshall's and a number of other retail chains. The breach has compromised millions of cards and led to millions of card accounts having to be closed and reissued.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.