Standards. In setting minimum standards, we need to be careful not to hamstring our states and federal regulatorss ability to adapt and strengthen protections for consumers. Otherwise, well limit regulatorss ability to keep up with Technology Change and reserve a private right of action for consumers and for Financial Institutions to ensure that affected entities and breach victims have further recourse. Further, consumers must be consistently provided with clear disclosures of the rights and remedies available to them so they are aware of the various ways in which they can protect themselves from Identity Theft and fraud and other cyber crimes. Mr. Chairman efforts to guard against Cyber Threats are critically important and shouldnt deval of into the same partisan fault lines seen on far too many other issues before this committee such as the basis attacks on watchdogs like the cfpd and blocking efforts to reauthorize the charter of the import export bank that expires in 22 legislativ
Regulatorss ability to adapt and strengthen protections for consumers. Otherwise, well limit regulatorss ability to keep up with Technology Change and reserve a private right of action for consumers and for Financial Institutions to ensure that affected entities and breach victims have further recourse. Further, consumers must be consistently provided with clear disclosures of the rights and remedies available to them so they are aware of the various ways in which they can protect themselves from Identity Theft and fraud and other cyber crimes. Mr. Chairman efforts to guard against Cyber Threats are critically important and shouldnt deval of into the same partisan fault lines seen on far too many other issues before this committee such as the basis attacks on watchdogs like the cfpd and blocking efforts to reauthorize the charter of the import export bank that expires in 22 legislative days. With that, i look forward to hearing from the witnesses today, and i yield back the balance of
Suggests that companies do need to do more in this area. I yield back. Thank you. At this time we recognize the gentleman from florida, mr. Bilirakis, for five minutes. Thank you, mr. Chairman. I appreciate very much and they thank the panel for their testimony. This is for the entire panel. Data often those without respect to borders, as you know. Mr. Russo notes in his testimony that championing stronger Law Enforcement efforts worldwide can improve payment Data Security. Mr. Noonan, in your testimony mention successful cooperation with Law Enforcement into these investigations into these cyber crimes. Would you as well as mr. Zelvin expand on what you believe congress can do to enhance those International Efforts Going Forward . Is there a role for examination of this issue in future trade discussion such as the transatlantic trade and Investment Partnership . I would recommend the continued support for our efforts in our International Field offices, as well as the other working gro
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