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Shopper Data Must Be Deleted In 48 Hours In Minnesota

Shopper Data Must Be Deleted In 48 Hours In Minnesota

By Joel Horowitz on August 2, 2007

Beginning yesterday, the State of Minnesota enacted a law that requires retailers to destroy credit card data and debit PIN numbers 48 hours after the transaction was completed – no matter how small the purchase:

Minnesota’s law is based on the same standards developed by Visa, MasterCard and American Express, which require merchants to implement a dozen security controls to protect consumers’ payment data. Violators can be fined or lose their ability to offer credit- and debit-card transactions.

Considering the latest statistics involving hacker-attacks on banks, this might lead to less data-theft in the “Land of 10,000 Lakes”.

More at The Star Tribune

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