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Credit Unions Urge Retailer Targeted Breach Laws

Joe Mont | August 25, 2014

A recent data security breach affecting 51 UPS franchise stores prompted the National Association of Federal Credit Unions to renew its call for Congress to impose new regulations on retailers that collect, use, and store customer data.

The letter, delivered to House and Senate leaders on Friday, says that the malware attack on UPS Stores went undetected for eight months and affected upwards of 100,000 consumer transactions. It follows a spate of similar breaches, including those at supermarket chain Supervalu, Smucker’s, Sally Beauty, Neiman Marcus, Michaels, and...

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