CUNA
  • Advocacy
    • Priorities we’re fighting for
    • Actions you can take
  • News
  • Learn
  • Compliance
  • Shop
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • COVID-19
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact
Learn More about Member Value

News

Member Benefits
Learn more
Learn more about the benefits of membership.
Home » Substantial data security legislation needed for America’s consumers
Policy & Issues

Substantial data security legislation needed for America’s consumers

May 1, 2019

Taking a narrow view of data privacy and security aimed at specific companies would be a “grave mistake,” CUNA President/CEO Jim Nussle wrote to Senate Commerce Committee leadership Wednesday. The letter follows a communication sent Tuesday by CUNA Chief Advocacy Officer Ryan Donovan to Senate Commerce Committee and House Energy and Commerce Committee staff on the importance of strong data security legislation.

“Legislation with substantial security requirements is a priority for America’s consumers who are under attack, and current federal law leaves the door open for criminals, terrorist organizations and foreign governments to steal payment and other personally identifiable information to the benefit of their illicit activity,” Nussle wrote. “CUNA believes that Congress cannot provide consumers with data privacy without addressing data security.”

The letter notes that discussion of data security requirements as been “virtually nonexistent” as the debate over federal data privacy standards has developed.

CUNA called on Congress to:

  • Treat data privacy as a national security issue;
  • Fix the weak links in the system; and
  • Set a strong federal data standard that preempts state laws.

Credit Union Magazine - Spring 2021

Spring 2021

Credit Union Magazine’s Spring 2021 edition features CUNA's 2021 advocacy agenda, strategic planning guidance, and labor market insights.
Digital Edition •  Subscribe

Trending

  • ‘More listening and less attacking’

  • Movement must focus on financial well-being for all

  • FHFA Extends forbearance, foreclosure and REO eviction moratoriums

Tweets by CUNA_News

Polls

Who should be the 2021 Credit Union Hero of the Year?

View Results
More

Champion of America’s Credit Unions

Credit Union National Association is the only national association that advocates on behalf of all of America’s credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • About
  • Careers
  • Contact Us
  • Recommended Websites
  • Privacy Policy

Resources for

  • CUNA Board Members
  • Credit Union Advocates
  • Leagues
  • Press
  • Vendors