Experts share mixed opinions regarding the seriousness of the Bash bug. However, all urge credit unions to patch vulnerable systems.
Financial institutions need to have manageable file transfer systems and procedures in place.
Credit unions and their members can benefit from better data breach and ID theft strategies.
The $38 million First Choice FCU in Pennsylvania take the lead position in a class action suit.
Next month, CO-OP will offer CardNav, which will allow cardholders to control card use and security.
Awareness is the best tool credit unions can use to address increasingly sophisticated breaches.
Credit unions are already responding to the possibility 2,200 Home Depot stores were breached.
Credit unions greatly underestimate their potential to be targeted by a politically motivated hack attack, experts say.
Proofpoint executive says other top 10 banks were also hit in the attack, which is unrelated to JPMorgan Chase's recent data breach.
The card will also feature a series of rebates on Wal-Mart purchases.