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Webcast Thursday: How CUs can recover from Equifax breach
As credit unions work to help members who had data stolen during the Equifax breach, NAFCU is offering a free webcast at 2 p.m. Eastern Thursday providing information on how credit unions can prepare for the breach's aftermath.
NAFCU staff and Reed & Jolly attorney David Reed will outline steps credit unions can take to protect their operations and members.
Credit union members have likely been impacted by the hack, as it has affected an estimated 143 million Americans, jeopardized credit card numbers of roughly 209,000 people and exposed dispute documents for about 182,000 consumers.
During this webcast, credit union attendees will learn what programs to put in place to assist members, tips for due diligence when working with Equifax and similar companies in the future and what the credit union could be liable for.
To register for the webcast, click here.
In addition to the webcast, NAFCU has been fighting for credit unions' best interest on this issue during meetings on Capitol Hill since the attack was announced. NAFCU lobbyists are advocating for a fair regulatory field between financial institutions, credit bureaus and retailers in order to protect consumer data.
The association also continues to work to ensure any new regulatory or legislative requirements that stem from the Equifax breach do not create new burdens on credit unions.
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