SACRAMENTO, Calif. — The data breach law that the California legislature has passed and sent to the governor does not include a requirement that retailers who experience a data breach reimburse card issuers for the costs of replacing the compromised cards, according to a California credit union lobbyist.
"That was probably the most significant compromise we had to to make to give the bill the greatest chance of passage and being signed into law," explained Elissa Ameluxen, state legislative and regulatory lobbyist for the California Credit Union League.
Credit unions in California and around the country have sought laws that mandate such reimbursement, arguing that without them retailers lack incentives to change their data protection practices.
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