CUs to Congress: Here Are Some Data Security Solutions
In anticipation of the House hearing on the Equifax breach, credit union organizations called for increased data security responsibility. They suggested, among other things, that all entities that handle personal financial data be subject to the standards of the Gramm-Leach-Bliley Act (GLBA), and that credit rating agencies, like Equifax, undergo the same examinations for compliance as credit unions. [10/4/17]