Letter Sent to Capitol Hill Supporting Advancement of Data Security Legislation

On Tuesday, May 10, 2016, the Electronic Payments Coalition, of which CBA is a member, sent a letter House leadership requesting assistance in advancing data security and breach notification legislation. CBA remains supportive of H.R. 2205, the Data Security Act of 2015, which passed 46-9 through the House Financial Services Committee in December of 2015 with strong bipartisan support. The letter encourages both the Financial Services Committee and Energy and Commerce Committee to engage in constructive dialogue to advance comprehensive legislation for all interested parties. CBA will continue to keep our members updated as this legislation progresses.