From: PYMNTS.com
As lawmakers consider measures for fighting payment data breaches, they need to consult with the people who are already in the fraud-fighting loop — and make sure they get the data they need, according to FICO VP of product management Doug Clare in a post on the credit-scoring company’s blog.
“It’s a positive sign that lawmakers recognize this need. Information sharing has become one of the fundamental tenets of cybersecurity being discussed by regulators on Capitol Hill,” Clare wrote. “But the data we need is more than what is being proposed in some regulatory plans.”
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