California Governor Arnold Schwarzenegger has vetoed a new law (formerly A.B. 779) that would have required retailers to increase security in an effort to prevent identity theft. The bill would have required that retailers implement security standards established for credit card information. In addition, retailers would have been responsible for notifying consumers that their credit card information had been compromised and for replacing the cards.
Australia has enacted a new amendment that will broaden the definition of personal information and require more transparency from organizations on how that personal information is stored. The new law, The Privacy Regulation 2013, is part of the broader Privacy Amendment Act of 2012 and applies to companies with revenues of more than AUD 3 million that collect information, such as names, contact details, payment information, or other details related to a specific person, for any purpose.