Missouri Federal Lawmakers Address Target Breach
Members of the Missouri Congressional delegation are calling for action following the Target Corporation data breach.
Missouri U.S. Senator Claire McCaskill (D), together with U.S. Senator John D. Rockefeller IV (D), sent a letter to Target requesting a briefing from the company’s information-security officials regarding the data breach during the 2013 holiday shopping season.
McCaskill serves on the Committee on Commerce, Science and Transportation, which is chaired by Rockefeller. She also serves as Chairman of the Subcommittee on Consumer Protection, Product Safety and Insurance. The committee has jurisdiction over commercial data practices and data security. Click here to read the letter.
Members of the U.S. House Financial Services Committee are calling for an official hearing on the Target situation. Congressman William Lacy Clay (D-District 1) and Congressman Emanuel Cleaver (D-District 5) signed a request by 17 Democratic members of the committee to Chairman Jeb Hensarling (R).
The letter states in part, “A hearing would provide members the opportunity to hear from regulators and the industry to learn what steps merchants, financial institutions, payment processors, card networks and others should take to reduce vulnerabilities in the payment system and strengthen measures that protect consumers from fraud.” Click here to read the letter.
Immediately following the Target breach notification, the Missouri Credit Union Association (MCUA) reached out to the Missouri Congressional delegation to express concerns and need for action in the data beach issue. MCUA continues to follow up with each legislative office as developments occur.
“It is clear that members of the Missouri delegation understand data breaches are a concern for credit unions in the state, and are taking steps to address that concern,” says Don Cohenour, MCUA president/CEO. “We will continue our efforts to communicate information that will help lawmakers better address these issues.”
MCUA encourages credit unions to participate in the CUNA Target breach survey as soon as possible. Click here to access the survey.