Summit Credit Union Sues Equifax
“Financial institutions will also need to take other necessary steps to protect themselves and their members or customers, including notifying members or customers, as appropriate, that their accounts may have been compromised.”
It’s not enough to just communicate to your customers that they may or may not have been hacked and that their personal information could be at risk. Data breaches will occur, so what can these banks do to ensure security and protection for their customers moving forward?
They can be proactive, by making their customers information anonymous and thus useless to any potential hacker. This is what Super ID does.