Data Breach

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  • Waters Urges Strong Federal Floor in Setting Data Security Standards
    Posted in Press Releases on May 14, 2015 | Preview rr
    Tags: CFPB, Data Breach, Cybersecurity, Speeches and Committee Statements

    At today’s Financial Services committee hearing on data security breaches, Ranking Member Maxine Waters (D-CA) cautioned lawmakers to ensure that any Congressional effort to set national enforcement and notification standards provide a strong federal minimum, ensure flexibility for states to build on those minimum standards and avoid hamstringing their ability to adapt and strengthen them as new technologies emerge. Waters underscored the importance of this issue, and called for a bipartisan app... Read more

  • Waters’ Statement on the President’s Data Security Initiative
    Posted in Press Releases on October 17, 2014 | Preview rr
    Tags: Data Breach, Cybersecurity

    Following President Obama’s announcement of a new initiative designed to provide consumers with more tools to assist victims of identity theft, improve the government’s payment security, and accelerate the transition to stronger security technologies, Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee, released the following statement of support: “I hope the steps announced today will accelerate the private sector’s adoption of stronger security measures for payment ... Read more

  • J.P. Morgan Data Breach Draws Scrutiny From State Attorneys General
    Posted in In Case You Missed It on October 3, 2014 | Preview rr
    Tags: Data Breach, Cybersecurity

    Two state attorneys general say they have been in contact with J.P. Morgan Chase & Co. about a recent cyberattack in which the personal information for 76 million households was compromised. Among the issues being scrutinized is whether the bank alerted customers quickly enough about the breach, according to people familiar with the matter. The office of Connecticut Attorney General George Jepsen has contacted the bank since its disclosure earlier this year, a spokeswoman for the attorney genera... Read more

  • Rep. Waters: ‘Congress Must Move’ on Hacking Protections
    Posted in In Case You Missed It on October 3, 2014 | Preview rr
    Tags: Data Breach, Cybersecurity

    The top Democrat on the House Financial Services Committee is calling for Congress to pass cybersecurity legislation in response to the massive security breach at JPMorgan Chase. “The massive data breach announced yesterday at JPMorgan Chase serves as a pressing reminder that more must be done to strengthen data security across the financial system and protect consumers’ sensitive financial and other personally identifiable information," Rep. Maxine Waters (D-Calif.) said in a statement. JPMorga... Read more

  • Waters Statement on JP Morgan Data Breach
    Posted in Press Releases on October 3, 2014 | Preview rr
    Tags: Data Breach, Cybersecurity

    Following yesterday’s announcement that the recent data breach at JP Morgan compromised contact information for about 76 million households and 7 million small businesses, Congresswoman Maxine Waters (D-CA) Ranking Member of the Financial Services Committee, today released the following statement, expressing concern and calling on Committee Republicans to make the issue an immediate priority: “The massive data breach announced yesterday at JP Morgan Chase serves as a pressing reminder that more ... Read more



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