Credit Unions May Disclose Breached Merchant Names

Tina Orem reports:

MasterCard and Visa have confirmed to the California and Nevada Credit Union Leagues that card issuers are allowed under their network rules to divulge to members the names of merchants involved in data breaches, giving credit unions and other card issuers a significant opportunity to mitigate some of the reputational damage that often comes with breach-related card reissuance.

Read more on Credit Union Times.

About the author: Dissent

Comments are closed.