CUNA has called on President Obama and the federal government to take action on data breaches to protect U.S. consumers, businesses, credit unions and other financial institutions.
Jim Nussle, the new president/CEO of CUNA, sent a Sept. 30 letter to the White House, urging the president to establish a cybersecurity council that would be charged with developing a comprehensive and timely approach to the range of issues associated with cybersecurity attacks and data breaches.
Nussle, a former eight-term Iowa Republican congressman and director of the White House Office of the Management and Budget for President George W. Bush, noted in the letter that many of the most recent massive data breaches have taken place in systems operated by merchants, not financial institutions.
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