Target Corp. has acknowledged its security software picked up on suspicious activity after a massive cyberattack was launched, but it decided not to take immediate action. The acknowledgement comes after Bloomberg Newsweek reported Thursday that Target’s security team in Bangalore received security alerts on Nov. 30 that indicated malicious software had appeared in its network.
This video reveals the truth about photoshop
Target 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 is taking heat for what some hope were merely photo editing mistakes on its website. The pictures showing a swimsuit for teens that the store has for sale appeared to have been crudely modified to alter the model’s hips, arms and inner thighs.
The 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 Corp says the massive data breach over the holidays helped push its profit down 46 percent. The discount retailer said Wednesday that sales fell 5.3 percent as the breach scared off customers.
A data breach at hometown retailing giant Target is prompting a look at Minnesota data protection laws. The theft late last year of financial and personal data from millions of customers is a driving force behind a bill that a Minnesota House commerce committee was discussing Tuesday.
Target now faces its first Minnesota lawsuit following the massive data breach that’s believed to have compromised up to 110 million customers’ information. Five rural banks in southern Minnesota have reportedly joined together to file a lawsuit against the retailer.
The massive Target data breach is having a large impact on not just the company’s customers, but is also costing Minnesota’s credit unions hundreds of thousands of dollars. The Minnesota Credit Union Network says $750,000 has been lost.
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Target’s computer security staff raised concerns about its payment-card system at least two months before the massive data breach.
The cyber reporter who first broke the news about Target’s massive data breach says he now knows how the hackers got in.
It can happen to any of us. Without much warning, you find yourself out of a job. Angela Davis spent some time looking into the help that’s available.
The investigation into the Target data breach is focusing on a Pennsylvania refrigeration company that had a contract with Target and billed the retailer electronically.
The hackers who stole millions of credit and debit card numbers from Target may have used a Pittsburgh-area heating and refrigeration business as the back door to get in. Fazio Mechanical Services Inc., a contractor that does business with Target, issued a statement Thursday saying it was the victim of a “sophisticated cyberattack operation,” just like Target.