WASHINGTON – NAFCU's lobbyists have been working in an informal coalition with bankers to pursue data security legislation favorable to them all.
Dan Berger, NAFCU senior vice president of government affairs, characterized the group consisting of NAFCU, America's Community Bankers, the Independent Community Bankers of America, Citigroup and maybe some others as a "loose-knit coalition." He pointed out that the group has in common the issues of reimbursement for when there is a breach and enforcement.
"We are doing whatever it takes to get a good data security bill for the entire financial services industry," Berger commented.
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