White House Summit on Cybersecurity and Consumer Protection held last week. Some observers say the Summit produced no specifics about how public and private sectors will collaborate to curb cyber-fraud. They say the card brands’ plans fail to address tokenization concerns that banking/security leaders and retailers have been at odds over for the past several months. Analyst: Most of the payments security initiatives noted by the White House are more of a roundup of innovative private-sector initiatives, rather than specific action points the government plans to take.”]
Source: https://www.databreachtoday.com/did-obamas-cyber-summit-miss-mark-a-7918