{"id":441,"date":"2016-04-21T21:38:00","date_gmt":"2016-04-21T21:38:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/2016\/04\/21\/interim-4-credit-card-processing-recommendations-for-tx-house-committee-on-investments-financial-institutions\/"},"modified":"2016-04-21T21:38:00","modified_gmt":"2016-04-21T21:38:00","slug":"interim-4-credit-card-processing-recommendations-for-tx-house-committee-on-investments-financial-institutions","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/interim-4-credit-card-processing-recommendations-for-tx-house-committee-on-investments-financial-institutions\/","title":{"rendered":"INTERIM. 4 Credit Card Processing Recommendations for TX House Committee on Investments &#038; Financial Institutions."},"content":{"rendered":"<p><strong>The Credit Union National Association proposed the following changes to credit card processing in Texas to improve data security:<\/strong><\/p>\n<ul>\n<li><strong>Data Security at Merchant Level.\u00a0<\/strong>Require merchants receiving payment by credit or debit cards to protect the sensitive personal financial information they receive;<\/li>\n<li><strong>\u00a0Require Consumers to Notify Card Processors of Breaches.\u00a0<\/strong>Require card recipients to notify their card processor immediately upon detecting a breach, and require the information be provided to the issuing financial institutions by the card processors;<\/li>\n<li><strong>Card Issues Should Cover Costs.\u00a0<\/strong>Allow card issuers to recover costs and losses resulting from a business\u2019s failure to protect or destroy the data; and<\/li>\n<li><strong>Prohibit Merchants from Storing Card Data Beyond Transactions.\u00a0<\/strong>Require anyone taking credit or debit cards to remove card data once the transaction is completed.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/news.cuna.org\/articles\/110117\">Credit Union National Association |\u00a0Texas House committee hears CU\u2019s data breach concerns<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>The Credit Union National Association proposed the following changes to credit card processing in Texas to improve data security:<\/strong><\/p>\n<ul>\n<li><strong>Data Security at Merchant Level.\u00a0<\/strong>Require merchants receiving payment by credit or debit cards to protect the sensitive personal financial information they receive;<\/li>\n<li><strong>\u00a0Require Consumers to Notify Card Processors of Breaches.\u00a0<\/strong>Require card recipients to notify their card processor immediately upon detecting a breach, and require the information be provided to the&#8230;<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,10,5,3,4],"tags":[],"class_list":["post-441","post","type-post","status-publish","format-standard","hentry","category-2017-legislative-issue","category-banking","category-data-encryption","category-legislative-trend","category-retail-data-breach","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=441"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/441\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}