SEATTLE — After a data breach, the finger of blame unfairly gets pointed at credit unions, which are, as a whole, doing a good job protecting member privacy, said Dillon Shea, NAFCU associate director of legislative affairs.
Shea gave NAFCU's perspective on several key pieces of legislation at the African-American CU Coalition's annual meeting, including the Financial Data Protection Act. He said retailer "logistics" are often the culprits behind data breaches.
"It can be frustrating because it ends up looking like credit unions are holding the bag," Shea said.
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