SACRAMENTO, Calif. — A landmark data breach bill protecting credit and debit card holders from identity theft and creating new requirements on breach notification was progressing through the California legislature last week winning an overwhelming 55-2 bipartisan vote in the state Assembly.
The measure, drafted by the California Credit Union League, may have rougher sledding in the state Senate where retail groups and banks may oppose it, sources said.
"This is a huge victory for Californians, who will have additional safeguards in place every time they make purchases with a credit card," said William Cheney, league president and CEO.
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