Issue of Interest: Data Security
ABA Media Contact: Ryan Zagone
Phone: (202) 663-5470
Email: rzagone@aba.com Last updated: November 14, 2011
News reports of data breaches have consumers wondering about the safety of their information. While most of these breaches have not occurred at banks, they have affected our customers. No industry has a higher standard of protection than the banking industry. That is why ABA supports national legislation that will bring non-bank entities up to bank-like security standards.
Background Information
- Bank Regulations and Consumer Protections
- Data Breaches Don't Always Lead to Fraud
- Multi-Factor Authentication: Strengthening Online Security
Press Releases
- ABA Warns Consumers of Phishing Scams October 26, 2011
- ABA Endorses Trustwave DataControl April 4, 2011
Legislative/Regulatory Information
- Card Legislation Chart May 25, 2007
- ABA Letter to House Financial Services Committee Regarding Markup of Data Security Legislation May 23, 2006
- ABA Letter to House Judiciary Committee Regarding Markup of Data Security Legislation May 24, 2006
- Comparison of Data Breach Legislation April 10, 2006
- Data Breach Legislation Summary Chart June 27, 2006
- Data Security & Customer Notification Requirements for Banks
More Resources
- Stay Safe Online.org: Online Safety Tips for Consumers
- OnlineOnGuard.gov: PC Security Info, Fraud Tips from Federal Government
- CyberCrime.gov: U.S. Department of Justice
- U.S. Computer Emergency Readiness Team
- Federal Trade Commission: National Resource on Identity Theft
- FDIC Consumer Fraud Protection
- List of U.S. Data Breach Disclosures
- Experian Credit Fraud Center


