I ask unanimous consent the Judiciary Committee be discharged from further consideration of S. Res. 340 and the Senate proceed to its consideration. The PRESIDING OFFICER. Without objection, it is so ordered. The clerk will report the…

I ask unanimous consent the resolution be agreed to, the preamble be agreed to, and the motions to reconsider be considered made and laid upon the table, with no intervening action or debate. The PRESIDING OFFICER. Without objection, it is…

I ask unanimous consent the Judiciary Committee be discharged from further consideration of S. Res. 341 and the Senate proceed to its consideration. The PRESIDING OFFICER. Without objection, it is so ordered. The clerk will report the…

I ask unanimous consent the resolution be agreed to, the preamble be agreed to, and the motions to reconsider be considered made and laid upon the table with no intervening action or debate. The PRESIDING OFFICER. Without objection, it is…

I think it is fair to say that is not very many given the number of data breaches that we have seen over the last decade.

If a company's security standards are inadequate but the company says nothing about them, then the FTC is powerless.

It sounds like to me, Mr. Chairman, that the banks have delayed, the retailers have delayed, the Government has delayed, and the ones who have paid the price are the consumers whose data are being stolen.

We understand why chip and PIN works better, and it seems that we are years behind Europe in developing adequate technology.

it sounds like to me we may need some pressure from the Government to make sure that the toughest standards are used.

I understand that Europe had reasons to go to chip early on, but are you saying that the banks have just now discovered that chip and PIN would be a more secure system?

All of us have constituents who are affected by these data breaches, and I think it is clear that the data protections we have in place now are not enough.

I am ready to get right to the testimony and the questions.