LEG-REG-2

ETA Statement Regarding President Obama’s Cybersecurity Legislative Proposal

Statement by Jason Oxman, CEO of ETA, regarding President Obama’s cybersecurity legislative proposal, announced today.

ETA supports removing barriers that prevent government and industry from sharing information about cyber threats. Increased information sharing about cyber threats serves as an early warning system, thereby allowing the payments industry to further strengthen its defenses against specific cyber attacks.

The President’s legislative proposal will reduce the number and severity of cyber attacks by allowing the industry access to actionable information about cyber criminals’ plans. We applaud the President and urge Congress to act by putting forward legislation that supports sharing of important cyber threat information.Jason Oxman, ETA CEO