Tuesday, March 25, 2008

Correction Re: Connecticut Retailer Liability Law

All, I have to issue a correction concerning my reference to a Connecticut law in the article entitled "The Legal Implications of PCI." In that article I indicated that Connecticut had passed a law allowing banks to sue retailers. I received information from a source that turned out to be erroneous. In fact, Connecticut considered a bill with retailer liability in it, but ultimately the provisions providing for retailer liability were stricken. The only State with a specific law providing relief to financial institutions for a security breach involving cardholder data is Minnesota. The updated/corrected article is here: Legal Implications of PCI. I apologize for the mistake.

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