Credit union officials explained the damage caused by data breaches, and how financial institutions seek redress from the retailers responsible for those breaches, in a New York Times article this week.
Recognizing the success credit union advocates have had getting data breach legislation introduced by Congress, CUNA launched an Action Alert Monday to support the U.S. House Data Security Act of 2015 (H.R. 2205).
WASHINGTON (5/4/15, UPDATED 1:45 p.m. ET)--Building on the success credit union advocates are having in getting data breach legislation introduced in the U.S. Congress, today CUNA launches a new call to action to garner support for the recently introduced House Data Security Act of 2015 (H.R. 2205).
The judge overseeing matters related to the Target breach did not rule Monday on whether to approve the motion filed by financial institutions to block part of the $19 million settlement recently reached between by Target and MasterCard.