A year after Target discovered it was the, well, target of one of the largest retailer hacks ever, and a few weeks after banks got permission to sue the corporation, Target shoppers have now gotten the all-clear for their lawsuits, too.
What if a major retailer made a large investment in anti-malware software to protect its information systems, finally put the new program in place, and then ignored the warnings that the new system gave? That’s what sources tell Bloomberg Businessweek is what happened in the weeks before Target’s massive payment information breach. Target could have stopped the breach, or even ended it before baddies could get hold of customer data. [More]
As of today, Target’s chief information officer has resigned. Beth Jacob had been on the job since 2008, and is leaving before the company reorganizes its information security leadership and staff after the massive holiday season breach that hit a mind-boggling number of accounts and still has day-to-day consequences for customers.
A House subcommittee that’s looking into the massive theft of Target customers’ personal and financial information heard from a Secret Service official who says that the hackers responsible had been preparing long and hard for the “highly technical” attack, using sophisticated malware that likely was designed specially to infiltrate Target’s system. [More]