Electronic Transactions Association (ETA) Updates Congress On Payments Industry Security

WASHINGTON, Jan. 27, 2014 /PRNewswire-USNewswire/ -- The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, today sent a letter to congressional leaders updating Congress on the state of payments networks that address the growing threat of cybercrime and data breaches.

The letter reiterated the payments industry's support for a uniform, national standard for data breach notification, bringing clarity for companies that maintain data and consumers who may be harmed by criminal breaches. Currently,