Data Breaches

Recent high-profile retailer data breaches have reignited the long-running debate over consumer data security policy. Policy issues include what security and breach notification standards should apply to businesses and who should be responsible for covering costs of fraud that results from breaches.

ABA Position

ABA believes Congress should pass data security legislation that holds retailers and others to high, uniform, nationwide standards for safeguarding sensitive customer information. Banks have had such an obligation to protect their customer's sensitive financial information for years. ABA also is advocating that those responsible for data breaches should be responsible for their costs.

 

 Newsbytes

 
 

 Letters to Congress/Regulators

 
 

 Testimony

 
 

 ABA Data Breach Communications Kit

 

​Contact for further information: Doug Johnson (202) 663-5059