New information shows that the threat was identified, but was not considered large enough to warrant immediate response,
Heading into the GAC, legislative priorities for credit unions include protecting the tax-exempt status, data security and housing finance reform.
Data collected by CUNA and the Consumer Bankers Association covers only the cost of card replacement.
CUNA SVP of Legislative Affairs Ryan Donovan says tax reform decisions are currently being made behind the scenes on Capitol Hill.
Director Richard Cordray said the bureau hasn't yet implemented all Dodd-Frank mandates and may require new reports.
U.S. financial data is low-hanging fruit for thieves, experts say.
U.S. card data is low-hanging fruit for data thieves.
Georgia Democrat Hank Johnson said he would support an "oversight investigatory hearing to probe into that matter."
Massive hack could expose business services members at credit unions.
NAFCU renews call for congressional action while New York attorney general says probe is underway.