Target Names New Chief Information OfficerTarget hired a new chief information officer to help overhaul its data security systems in the wake of a massive pre-Christmas data breach. The Minneapolis-based discounter said Tuesday that it named outsider Bob DeRodes, who has 40 years of experience in information technology and replaces Beth Jacob.
Target Under Fire For Ignoring Cybersecurity RiskTarget is under fire once again after a front-page article in Bloomberg BusinessWeek says the company ignored an early warning from its own cybersecurity firm that it had been attacked. The news magazine is reporting that Target received the warning on Nov. 30. Previously, Target CEO Greg Steinhafel said he learned of the breach on Dec. 15. The public was notified Dec. 19.
Target Exec's Departure Puts Spotlight On CIOsThe departure of Target's chief information officer in the wake of the company's massive pre-Christmas data breach highlights the increased pressure facing executives who are charged with protecting corporate computer systems from hackers whose attacks are on the rise and becoming more sophisticated. Years ago, the job of a CIO focused mainly on the upkeep of computer systems. In their largely behind-the-scenes rolls, most of their major decisions centered on the kinds of technological innovations a company would adopt, when and how much to pay for systems upgrades and the creation and maintenance of company websites.
Target Tech Chief Resigns As It Overhauls SecurityTarget Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach.