Do we need to do this in--I believe we need to do this in collaboration with industry, setting a regulatory process that would be static in an area that moves this quickly.
I think that the question of enforcement has got to be an area that we focus on.
How do you get the standard right on when it becomes the duty of the company or the financial institution to report an incursion?
I think this is a real problem that the FTC's enforcement authority in this area is so limited.
We have got to get a technology--I am not sure that human interaction piece is going to be----
The American public is very, very concerned about this issue, and we can either do it in a collaborative fashion, or we can do it in an adve...
I think they all agreed to increase the Truth in Lending Act to equalize all cards to an equal standard.
How do you make sure that laws can evolve quickly enough so you do not--if you think about NIST or other standards, it sometimes takes 7 yea...
Data security problems are not going to go away on their own, so Congress really needs to consider whether to strengthen the FTC's hand.
I am interested and I would like to hear more.
I think we have seen today actually that across the panel there was a sense that we need to move aggressively to chip and PIN.