As many as 70 million customers had their personal information stolen during the holiday 2013 shopping season. The retailer also said it would be over hauling its information security practices and compliance division. Jacob had worked at target from 1984-86, then returned in 2002 as Director of Guest Contact Cent ers.
As many as 70 million customers had their personal information stolen during the holiday 2013 shopping season. The retailer also said it would be over hauling its information security practices and compliance division. Jacob had worked at target from 1984-86, then returned in 2002 as Director of Guest Contact Cent ers.
As many as 70 million customers had their personal information stolen during the holiday 2013 shopping season. The retailer also said it would be over hauling its information security practices and compliance division. Jacob had worked at target from 1984-86, then returned in 2002 as Director of Guest Contact Cent ers.
tion Officer Beth Jacob is resigning, effective immediately, in the wake of thema ssive data breach during the holiday 2013 shopping season during which as many a s 70 million customers had their personal information stolen, including 40 milli on debit and credit card accounts.</P><P>The retailer also said it would be over hauling its information security practices and compliance division, and would be looking for external candidates to serve as interim CIO.</P><P>Jacob had worked at Target from 1984-86, then returned in 2002 as Director of Guest Contact Cent ers. She was promoted to her current position in 2008, after becoming a VP two y ears prior.</P><P>While we are still in the process of an ongoing investigation, we recognize that the information-security environment is evolving rapidly, Targe tChairman, President and CEO Gregg Steinhafel said in a brief statement released this morning. To ensure that Target is well positioned following the data breach we suffered last year, we are undertaking an overhaul of our information-securit y and compliance structure and practices at Target.</P><P>This also includes elev ating the role of the Chief Information Security Officer another position that T arget will hire externally, along with a Chief Compliance Officer.</P><P>The com pany also noted that its working withexternal adviser Promontory Financial Group t o help it with its transformation.</P><P>Target has been working towards the imp lementation of chip and PIN card support, a tool that will further ensure custom er security. The company also offered free credit monitoring for a year in the w ake of the breach disclosure.</P><P>Hackers connected to theinternal wireless sys tems at Target storesand grabbed credit card information as it passed through the system. The resulting breach, one of the biggest to date, resulted in millions of credit cards being sold on the black market.</P><P>Additional reporting: John Biggs</EM></P> <p><a href="http://techcrunch.com/2014/03/05/target-cio-resigns-following-massiv e-data-breach/?ncid=rss" target="_blank" rel="nofollow">Fuente original</a></p>