Why the Home Depot Data Breach Settlement is Good for Credit Unions
The lawsuit over the 2014 Home Depot data breach that compromised 56 million credit and debit cards and cost credit unions $60 million in damages is finally coming to an end. A settlement fund will help to repair the damages to affected credit unions, but the real good news about the settlement is that it is a step toward stricter merchant data security standards that will better protect credit union consumer data. [3/9/17]


