Stop The Data Breaches
For the past several years, merchant data breaches have been increasing.
When a data breach occurs, the merchants are not required to pay the costs to send individuals their new cards and generally pay none of the fraudulent charges an individual may have on their cards or accounts. In fact, when merchants are responsible for the breach, they are rarely required to pay ANY costs incurred by others. Who is stuck paying these costs for data breaches? Credit Unions—and ultimately, credit union members.
Along with the Credit Union National Association (CUNA) & state credit union Leagues, credit unions are encouraged to help spread the word about this chronic issue exposing millions of credit union members to inconvenience and fraud. Please use the following tools and resources to engage your credit union’s members on this critical effort:
Visit StoptheDataBreaches.com and take action!
Credit Unions can find additional resources on cuna.org.