NAFCU President/CEO Dan Berger testifies before the House Small Business Committee. Photo courtesy NAFCU/Kevin Dietsch.

All who collect and store personally identifiable and financial data should be held to the same data security standards, NAFCU President/CEO Dan Berger told the House Small Business Committee Wednesday morning.

In his testimony on a panel that included witnesses from Intel Corporation, the National Small Business Association and the National Cybersecurity Institute, Berger cited the 1999 Gramm-Leach-Bliley Act, which required credit unions to maintain data security standards. Regulations implemented from the law have successfully limited data breaches among financial institutions, he said.

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