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News Now

Washington
Senate Banking to conduct Feb. 3 data security hearing
WASINGTON (1/28/14)--The Senate Banking Committee will be first up with a 2014 hearing to investigate better ways to safeguard consumers' personal financial data.

Sen. Tim Johnson (D-S.D.), the committee's leader, announced Monday that his panel has scheduled six witnesses to testify on data security issues Monday, Feb. 3, from 3 p.m. to 5 p.m. (ET).

The hearing will be held in room 538 of the Dirksen Senate Office Building and will be webcast live via the committee's website (see resource link).

Soon after the recent data breach at Target, the Credit Union National Association was the first trade group to communicate with members of Congress, seeking hearings on the issue.  (See related story: CUNA warns Congress of 'dangerous moral hazard' amid breach responses.)

Use the second resource link to read the hearing witness list.
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