The list reads like a who's who in U.S. businesses, yet its members cover a variety of industries.
From Target to Home Depot to P.F. Chang's to JPMorgan Chase, all are now part of a growing list of enterprises that have suffered data breaches, losing vital customer information to hackers.
With their wealth of member data, credit unions are not immune to this electronic plague. It would seem, then, that insurance specifically designed to protect against cyber theft is not only critical to the safety of credit union data, but should be mandated for an institution's continued safety and soundness in an increasingly threatening cyber world.
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