For Immediate Release
July 28, 2014
ABA Media Contact: Sarah Grano
(202) 663-5470

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By Frank Keating, ABA president and CEO

          ​“We commend the House for passing four cybersecurity related bills today, and in particular bipartisan legislation (H.R. 3696) sponsored by Homeland Security Committee Chairman McCaul (R-Texas) and Ranking Member Thompson (D-Miss.).

          “This bill, the National Cybersecurity and Critical Infrastructure Protection Act (NCCIP), would strengthen existing mechanisms that help the financial sector identify threats, respond to cyber attacks and coordinate with our partners in the federal government. NCCIP and the other bills passed by the House today are another good step forward on the road to enactment of strong cybersecurity legislation.

           “We call on the Senate to move forward on cybersecurity legislation, especially the Cybersecurity Information Sharing Act sponsored by Senators Feinstein (D-Calif.) and Chambliss (R-Ga.).”

The American Bankers Association is the voice of the nation’s $14 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $11 trillion in deposits and extend nearly $8 trillion in loans.
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