The National Retail Federation is “committed” to fighting...
The National Retail Federation is “committed” to fighting data breaches and other cyberattacks, said CEO Matthew Shay in a letter to congressional leadership Tuesday, according to an NRF news release (http://bit.ly/1in5yQg). The NRF called for a “uniform federal breach notification…
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law,” the implementation of chip- and PIN-based encryption technology for credit and debit cards, and the passage of the Cyber Intelligence Sharing and Protection Act (HR-624), which allows commercial businesses to “quickly share information about threats.” Increasing the use of chip and PIN encryption will be an important tool for curbing data attacks, “but the fact remains that retailers cannot do this alone,” said Shay, in the letter.