WASHINGTON (10/7/15)--Data breaches are occurring with such regularity that they are in danger of becoming part of daily life, CUNA President/CEO Jim Nussle said Tuesday. Speaking during a webinar focused on data security and cybersecurity, Nussle said advocacy is key to bringing about real change when it comes to protecting consumers.
“We’ve got to get ahead of this, and we’ve got to make sure that policymakers understand that this is part of making sure that the playing field is inviting for new services and technologies going forward,” Nussle said. “I’ve heard from countless members how frustrated they are about working on this issue… believe it or not, some of the cyberattacks we’ve seen so far have evidently not been dramatic enough to get the attention of our policymakers.”
Nussle and CUNA Deputy Chief Advocacy Officer Sam Whitfield participated in the webinar, providing attendees with a clear picture of ways Congress can address data security in a satisfactory manner.
Two current bills propose ways to increase data security requirements. CUNA, along with its coalition partners, supports the Data Security Act of 2015 (S. 961/H.R. 2205).
The bill meets the standards for data breach legislation laid out by CUNA and its partners earlier this year. Namely, it would:
“We worked together with members of the House and Senate to get those pieces of legislation introduced. Here at CUNA, we informed our state partners at the leagues, and when they came up here for the Governmental Affairs Conference, it was our top talking point with members of Congress,” Whitfield said. “On theadvocacy front, we were at the tip of the spear in informing members of Congress why this bill needs to be passed.”
The other piece of legislation, the Data Security and Breach Notification Act (H.R. 1170), does not have CUNA support, since it does not go far enough with new security requirements.
The all-day forum was hosted by the Credit Union Times.