INTERIM. Banks v. Retailers Round 300. Federal Data Security Bills. 3 Key Pieces of Intel.

  • Financial Services support national data security standards & require nationwide data breach notification requirements for business
  • Retailers oppose federal legislation for the detrimental effect on retailers
  • The detrimental effect on retailers: applying banking rules on non-banks 

The Hill | Financial industry spars with retailers over data breach bill

The Hill | Retailers battle financial sector over data breach legislation