Target announced Monday that the company had hired senior information technology advisor Bob DeRodes to step in as executive vice president and chief information officer in light of last year's major data breach.
The massive Target security breach last December resulted in the largest theft of retail data ever in history, but is there a good side to it? Some seem to think so, and most point to the increased awareness and vigor concerning cybersecurity.
The fallout from last December's massive security breach at Target has been contained in the digital sphere and courtrooms -- until now. Denver police are now on the hunt for a man believed to be using credit cards stolen from that breach.
Target's legal woes stemming from the December security breach will now be consolidated in Minnesota thanks to a new order from the U.S. Judicial Panel on Multidistrict Litigation, moving 33 lawsuits from seven states and 18 districts to the retailer's home state.
Target's woes only seem to grow as the retailer is now facing major criticism from U.S. government officials about its failure to act on warning signals that could have prevented December's massive security breach that made off with an unprecedented amount of consumer personal records.
Highlighting the U.S. government's increased involvement in advancing the nation's digital infrastructure, U.S. Treasury official Amir-Mokri explained why it is important for the Obama administration to be involved in the fight against cybercrime Wednesday.
Target's massive credit breach could have been prevented, it turns out. The No. 3 U.S. retailer apparently received security warnings about the breach but ignored them, allowing the largest credit card heist to occur right under its nose.
Cybercrime is on the rise at an unprecedented rate, according to a new McAfee report. McAfee notes new threats are so numerous that its labs recorded more than 200 new threats a minute, or more than three every second.
It was revealed in December that cybercriminals had hacked into Target's database and made off with the largest cache of stolen credit cards in history. Here's how the heist was uncovered and revealed to the public, according to a recent New York Times report.
Human error: what a big mess it can make. New details in the credit card breach that hit Target stores over the holiday shopping season point to a phishing email sent to Target's refrigeration contractor as the staring point of the whole debacle.
Last week, it wasn't clear how the hackers who caused Target's massive credit card breach got into the company's payment system: it was just clear that credentials were stolen or hacked. In a report from Krebs on Security on Wednesday, the answer might have been found -- and it's stranger than you might guess.