Tag Archives: data breaches

ABA’s Sharp: Consumers Deserve Safest Payment Systems

ABA’s Card Policy Council today called on all consumer-facing industries to implement the latest payment protection technologies and data safeguarding practices, including activating chip card readers and accepting payments from secure mobile wallets.

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Report: Costs of Cybercrime on the Rise

The median cost of cybercrime has increased by nearly 200 percent over the past five years -- costing the global economy approximately $450 billion each year -- and will likely continue to grow, according to a report released yesterday by Hamilton Place Strategies.

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Blanton: Banker Involvement is Essential for Industry Success

In an email to ABA member CEOs today, ABA Chairman Dan Blanton highlighted a number of positive changes the industry brought about during 2015, and called on bankers to increase their advocacy efforts in order to become a “more formidable political force” in the coming year.

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