What President Obama’s Proposed Cyber Safeguards Mean for You

CUNANews

ABC News – Following recent high-profile hack attacks on U.S. companies, President Obama wants new protections for American consumers. On a visit to the Federal Trade Commission, Obama unveiled several pieces of proposed legislation he said will boost cyber-security, improve consumer privacy and prevent identity theft. The measures are expected to be included in his State of the Union address … Read More

CUNAWhat President Obama’s Proposed Cyber Safeguards Mean for You

What Obama’s Latest Cybersecurity Push Means for Banks

CUNANews

American Banker — A new push by President Obama to tighten cybersecurity at banks and other businesses could help light a fire under some firms that have historically been slower to react in the wake of a data breach and help financial institutions dealing with a tangle of confusing state laws. The president teed up several new initiatives on Monday, … Read More

CUNAWhat Obama’s Latest Cybersecurity Push Means for Banks

Data breaches hit credit unions harder than big banks

CUNANews

PHOENIX BUSINESS JOURNAL – Data breaches at retailers such as Target (NYSE: TGT), Home Depot (NYSE: HD), Staples (Nasdaq: SPLS) and others have a chilling effect on credit unions member services, said Credit Union National Association President and CEO Jim Nussle.

CUNAData breaches hit credit unions harder than big banks