A coalition of seven banking-related trade groups has raised the ante in the high-stakes cybersecurity cost war between the financial services and retail banking industries.

The group is petitioning Congress to require businesses where a data breach occurred to refund customers and pay other costs. The coalition noted the attacks happen much more often at retailers than banks.

They also want banks and credit unions to be allowed to tell customers when a cyber assault has happened at a retailer.

“(The financial services industry is) required by law to develop and maintain robust internal protections to combat and address criminal attacks, and are required to protect consumer financial information and notify consumers when a breach occurs within their systems that will put their customers at risk. The same cannot be said for retailers,” the group said in letters to House and Senate members Friday.

The personal financial information of millions of Americans have been compromise because retailers have weaker federal cybersecurity standards than banks, wrote the group.

The coalition includes the American Bankers Association, the Independent Community Bankers of America, The Clearing House, the Credit Union National Association, the National Association of Federal Credit Unions, the Consumer Bankers Association and the Financial Services Roundtable.