SACRAMENTO – Lawmakers here are debating a bill which would put the onus on retailers, third-party processors and other parties who may be responsible for a data breach to notify affected parties and to reimburse costs for restoring security, such as cards reissuance. Representatives of the California CU League are scheduled to publicly endorse the measure at a news conference today with Assemblyman David Jones, author of the bill. The bill will require the party responsible for a data breach to notify all affected parties, including banks, credit unions and their account holders, in an expedient manner. The bill passed the Assembly’s Judiciary Committee last month and is expected to be voted by the full Assembly some time next month.
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