Retail and Financial Trade Association Form Cybersecurity Partnership

Retail and financial trade associations have banded together to combat cyber crime in wake of the Target data breach. The new cybersecurity partnership will focus on exploring paths to increased information sharing, better card security technology and maintaining the trust of customers. Discussion regarding the partnership was initiated by the Retail Industry Leaders Association (RILA) and the Financial Services Roundtable (FSR), joined by the American Bankers Association (ABA), the International Council of Shopping Centers (ICSC), the National Restaurant Association (NRA), the National Retail Federation (NRF) and others.