Newsroom

February 25, 2014

Issa requests Target documentation on data breach

Feb. 26, 2014 – House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., has asked Target Corporation to turn over by March 1 any internal documents that describe the company's massive data security breach affecting up to 110 million consumers.

According to Reuters, Issa sent a letter to Target Monday to ask for "all documents or communications generated between Nov. 1 and Dec. 13, in which Target employees or ‘agents' discuss ‘any suspicion' that a data breach had occurred." The committee also requested any documents generated between Nov. 1 and Dec. 19 that refer to discussions about notifying others about the data breach, the report said.

NAFCU believes merchants should bear responsibility for data breaches originating on their end. The association is pushing for safeguards to protect credit unions and their 96 million members. NAFCU was the first financial services trade group to call on Congress to hold merchants responsible for data security breaches.

Passage of data security requirements for merchants is a key element of NAFCU's five-point plan for credit union regulatory relief.