I believe we still have a long way to go to improve our preparedness in this area and I look forward to hearing how this committee intends to hold HHS accountable moving forward.

The federal government continues to make progress toward addressing vulnerabilities in the health care sector, but it is clear that we still have a lot of work to do.

This hearing is an update to last Congress' hearings on mobile payments and digital currencies.

The CFPB was created to protect consumers from fraud and financial products.

the health care sector must pay immediate and aggressive attention to cybersecurity.

The health care sector must pay 'immediate and aggressive attention' to cybersecurity.

Technological advances are making financial transactions more convenient and efficient.

Taking the teeth out of the CFPB is not the answer.

the federal government continues to make progress towards addressing vulnerabilities in the health care sector.

These potential benefits are important but these new financial products should have consumer protections attached to them.

we need to up our game if we intend to defend against a growing number of cyberattacks facing the health care sector.

As I have stated at past hearings regarding new technologies, privacy, data security, and cybersecurity must be baked into the devices and the software.