Reps. Randy Neugebauer (R-Texas) and John Carney (D-Del.) today introduced the bipartisan Data Security Act (H.R. 2205), which would establish a national data security and breach notification standard for financial institutions and retailers.

The new .BANK domain is rolling out this year with greater online security and new branding opportunities.

​Banks are the institutions customers trust most to safeguard their personal data, according to a report yesterday​ from Accenture that also saw banks’ relationships with their customers becoming less branch-dependent and more transactional.

Rep. Randy Neugebauer (R-Texas) said today at an industry event that he plans to introduce a bill to enhance data security standards and post-data breach notification requirements.

On April 26, Romanian law enforcement authorities reported the arrest of 25 suspects believed to be members of a sophisticated international gang of cybercriminals responsible for stealing more than $15 million from banks in Puerto Rico and Muscat, Oman.

Boiling down what really matters concerning cybersecurity is a tough but worthy exercise.

ABA is asking bankers to write their senators and representatives to enlist their support for several bipartisan bills introduced in recent weeks as part of ABA’s Agenda for America’s Hometown Banks: ​Data security. This alert urges senators to co-sponsor S. 921, which would strengthen data security standards for all players and recognize the high standards already employed by the banking ...

With a 355-63 vote, the House today passed the ABA-supported National Cybersecurity Protection Advancement Act (H.R. 1731), which would enhance cybersecurity threat information sharing.

By a strong 307-116 vote, the House yesterday passed the ABA-supported Protecting Cyber Networks Act (H.R. 1560), which would enhance cybersecurity threat information sharing.