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Ruling Limits Schnucks' Data Breach Liability to $500K

Feb
02
Ruling Limits Schnucks' Data Breach Liability to $500K

A U.S. District Court judge ruled in January that a certain retailer involved in a 2012-2013 data breach is only liable to pay a maximum of $500,000 in damages following the breach. 

Posted By Halley Hayden read more

McCaskill Leads Questioning on Data Breach, Credit Union Costs During Hearing

Apr
01
McCaskill Leads Questioning on Data Breach, Credit Union Costs During Hearing

Missouri U.S. Senator Claire McCaskill (D) helped draw attention to who pays the price when data breaches take place – and public confusion about the issue. 

“I don’t think people understand… a lot of the costs associated with this breach – in fact, the majority of them – fall to credit unions and local banks instead of Target,” says McCaskill. 

Posted By Nora Holloway read more

Missouri Feedback on Data Breach Surveys

Jan
23
Missouri Feedback on Data Breach Surveys

Credit unions in Missouri are sharing the impact of data breaches in the Show-Me State by participating in the Target and Schnucks surveys.  But more feedback is needed from Missouri's credit unions.

So far, 34 credit unions in Missouri have completed the Credit Union National Association (CUNA) Target survey. As of January 17, there were 936 responses from credit unions nationwide. Take the survey here.

Posted By Nora Holloway read more
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