WASHINGTON — Sens. Mark Warner, D-Va., and Mark Kirk, R-Ill., unveiled legislation on Wednesday to increase fraud protections for debit card customers.

The Consumer Debit Card Protection Act would lower the personal liability cap for debit cards to $50 for unauthorized charges, down from more than $500, putting it in line with federal regulations for credit cards. The legislation comes on the heels of the massive data breach at Target, which exposed credit and debit card information for millions of customers during the holiday season. Lawmakers in the House and Senate have responded by holding numerous hearings examining the likelihood of future data breaches and about the safety of the payments system, debating the need for updated card technology and enhanced data security standards.

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