California Gov. Arnold Schwarzenegger on Oct. 13 vetoed one of the nation’s most stringent proposed e-tail data breach security laws, saying that the bill would have “driven up the costs of compliance, particularly for small businesses.”
The proposed California law AB 779 would have required retailers to protect data in a manner more demanding than the current PCI DSS (Payment Card Industry Data Security Standard) requires.
It appears the governor is taking a very hands off approach to data protection laws, which I tend to agree with. That is probably my dark libertarian streak talking but I feel the industry needs to get it’s act together because the government is much too slow to keep up with the every changing landscape information security risk. Heck PCI takes a year to rev at least which is still too slow.
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