Trade groups from finance, retail sectors team for security initiative

Share this article:

A number of major trade associations representing the finance and retail industries have teamed up for a new cyber security partnership.

The American Bankers Association (ABA), the Financial Services Roundtable (FSR), the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) are among the associations joining the partnership, which announced on Thursday.

The effort was launched so that the groups could explore options for improved information sharing and implementation of card security technology, as well as better maintaining customer trust, a release said.

The associations will form working groups consisting of organizational staff, member companies and stakeholders.

Share this article:

Sign up to our newsletters

More in News

Medical transcription provider settles data security charges

GMR Transcription Services in California agreed to settle FTC charges related to its security practices.

Researcher hacks network connected devices in own home

Researcher hacks network connected devices in own home

In his own home, a researcher was able to hack various network connected devices that are not computers and mobile phones.

Study: Most higher ed malware infections attributed to 'Flashback'

Study: Most higher ed malware infections attributed to ...

Flashback caused a stir in 2012 when some 650,000 Macs were infected with the malware.