Minnesota Plastic Card Security Act | PCI DSS Compliance Grows

PCI DSS Compliance Grows with MN Plastic Card Security Act

The state of Minnesota is clear evidence of the growing presence the Payment Card Industry (PCI) is having on today’s businesses. Signed by Governor Tim Pawlenty, provisions of PCI compliance are now law, as stated by the Plastic Card Security Act, which passed the Minnesota Senate and House overwhelmingly.

Minnesota has essentially become the first state to codify the PCI standards into actual law; a watershed decision to say the least, with many states soon to follow in their footsteps. What's important to note is that many in the business community may see the law as nothing more than another regulatory burden and cost that is unnecessary. Not so fast, as one of the prime reasons for passing the law was frustration voiced from the 160 member strong credit union organization in Minnesota, known as the the Minnesota Credit Union Network (MnCUN). According to Mara Humphrey, director of government affairs at MnCUN, "We have been hearing from credit unions who were very frustrated with the number of data breaches and the number of times they've had to reissue cards," Humphrey said. "They're frustrated that the onus has entirely been on them and not on the merchant."

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