Credit union and banking trade organizations fired off a letter Wednesday to members of the Senate that counter what they said were false claims from the retail industry on data security.

“They have made, and continue to make, several misleading and counterproductive statements about the breaches and the position of banks and credit unions across the country,” said the letter from CUNA, NAFCU, the American Bankers Association, the Independent Community Bankers of America and others.     

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