Roy Urrico reports:
The Michigan Credit Union League, its members and CUNA are advocating for stronger merchants and card network accountability after a Wendy’s restaurants breach forced several credit unions to cover associated costs.
According to CUNA, industry sources estimated the fraudulent charges have been even larger than in other recent data breaches such as those at Target and Home Depot, which combined cost credit unions more than $90 million. On Wednesday, CUNA announced it was joining a data breach lawsuit against the restaurant chain.
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