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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