Trade groups call for tighter security, while credit unions monitor and warn.
Roughly two years after initially losing, an appeals court breathed new life into 14 credit unions’ hopes to recover some of their losses from an enormous 2008 card data breach.
It appears that the card data security breach at card processor Global Payments Inc. may be a good deal larger than card issuers, including credit unions, may have expected.
Number higher than previously suspected after revelation that breach began in January 2011.
CUNA Mutual Group has sent a risk alert urging its bonded credit unions to warn members about possible phishing attempts following the Global Payments breach.
Moving expiration date and reissuing among recommendations in wake of Global Systems hack.