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Fraud & Cybersecurity
CBA supports strong national data protection and consumer notification standards with effective enforcement provisions that are applicable to any party with access to important consumer financial information. CBA members are already subject to robust data protection and notification standards and these requirements must be recognized. Inconsistent state laws and regulations should be preempted in favor of strong Federal data protection and notification standards. CBA firmly holds that all parties must share in protecting consumers and, as such, the costs of a data breach should ultimately be borne by the entity that incurs the breach. Protecting consumer data is a shared responsibility, and merchants must have the same tough data security standards as financial institutions to thwart hackers as well as the ability to accept chip-based cards.
- May 13, 2020 - 2:00PMUpcomingMay 7, 2020 - 2:00PMUpcomingApril 29, 2020 - 2:00PMUpcomingMarch 19, 2020 - 2:00PMPastDecember 20, 2019Your bank is data-rich and can provide insight for future decisions. Machine learning is a way to tap into these data repositories to identify and profile important customer signals, turning raw data into pure gold. This latest infographic from Bridgeforce explains how this can work and how you can keep data analysis in-house. Access Content HereDecember 12, 2019 - 11:30AMPastDecember 10, 2019 - 2:00PMPastDecember 4, 2019December 3, 2019 The Honorable Roger Wicker, Chairman The Honorable Maria Cantwell, Ranking Member U.S. Senate Committee on Commerce, Science, U.S. Senate Committee on Commerce, Science, and Transportation and Transportation 512 Dirksen Senate Office Building 512 Dirksen Senate Office Building Washington, D.C. 20510 Washington, D.C. 20510 Dear Chairman Wicker and Ranking Member Cantwell: On...December 3, 2019December 3, 2019 The Honorable Mike Crapo The Honorable Sherrod Brown Chairman Ranking Member Committee on Banking, Housing and Urban Committee on Banking, Housing and Urban Affairs Affairs 534 Dirksen Senate Office Building 534 Dirksen Senate Office Building Washington, D.C. 20510 Washington, D.C. 20510 Dear Chairman Crapo and Ranking Member Brown: On behalf of the Consumer Bankers Association (...October 24, 2019 - 2:00PMPast