Washington, D.C. - December 21, 2017 - (The Ponder News) -- ICBA and other financial services trade groups called on the House Energy and Commerce Committee to support data protection and consumer notification legislation.
In a joint letter, ICBA noted that during the last Congress the House Financial Services Committee approved legislation to require all entities that handle sensitive financial data to implement data-security processes like those already mandated for banks.
Like the Data Security Act of the last Congress, any data breach bill should contain robust processes for data protection and appropriate federal and state oversight, the coalition wrote.
Read Coalition Letter
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