Lords committee to grill financial organisations on customer data security

Lords committee to grill financial organisations on customer data security

As part of an inquiry into personal Internet security, the UK's House of Lords will next week hear evidence from Apacs, The Financial Services Authority (FSA), Visa and the Royal Bank of Scotland (RSA) on policies that are in place to protect consumers from ID theft.

At a meeting scheduled for Wednesday next week, the House of Lords science and technology committee will also quiz the witnesses on the current voluntary arrangement of refunding bank customers who fall victim to phishing scams.

Other issues to be covered in the meeting include the dramatic rise in phishing and the possibilities for using the chip and PIN system for online transactions.

Philip Robinson, sector leader, financial crime at the FSA will be attending the meeting, along with Matthew Pemble from The Royal Bank of Scotland.

Apacs' head of security Colin Whittaker and business security consultant Richard Martin will also give evidence to the commitee, as well as Sandra Alzetta, SVP for consumer market development and Robert Littas, SVP, fraud management from Visa.

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