LIVONIA, Mich. (1/24/14)--The implications of the Target data breach were part of the discussion between the Metro West Chapter of the Michigan Credit Union League and U.S. Rep. Kerry Bentivolio (R-Milford) Jan. 17.
|U.S. Rep. Kerry Bentivolio (R-Milford) met with members of the Metro West Chapter Jan. 17. (Photo provided by Michigan Credit Union League)|
Bentivolio, who represents Michigan's 11th District, met with credit union representatives at the Livonia headquarters of Co-Op Services CU (Monitor
CEO Tony Carnarvon started the meeting by discussing credit unions' costs as a result of the compromised debit and credit card information. (See related story: "CUs' state-by-state breach data can inform advocacy efforts.")
Bentivolio shared his interest in raising data security standards for merchant payment systems. He also offered his assistance to efforts that could help prevent data breaches of this magnitude, the Monitor
The group also discussed government-sponsored enterprise (GSE) reform, member business lending and Bentivolio's continued support of the credit union tax exemption.