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NAFCU cited last week’s news of a data security breach at 51 UPS franchise stores to support its comprehensive call for greater regulations of retailers and others who handle sensitive consumer data.

“The Target breach of over 110 million records has been especially onerous on credit unions,” the association wrote in its letter to the leadership of both houses of Congress. Our member credit unions report that, on average, they have received hundreds of inquiries from their members seeking assistance due to the breach,” wrote NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt in an Aug. 21 letter to Congressional leaders.

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