Target CIO resigns in wake of massive data breach fallout

Target disclosed on Dec. 19 that a data breach compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15.
Associated Press
Mar 6, 2014

Target Corp’s executive ranks have suffered their first casualty since hackers stole credit card numbers and other personal data of millions of the retailer’s shoppers last year.

The nation’s second-largest discounter told The Associated Press that Beth Jacob, who has overseen everything from Target’s website to its internal computer systems as Chief Information Officer since 2008, has resigned. The company said it will search for an interim CIO.

The departure, which was effective Wednesday, comes as Target works to overhaul some of its divisions that handle security and technology following the massive data breach. Target said the resignation was Jacob’s idea, but some analysts speculate the executive has faced intense scrutiny as the company has tried to restore its reputation among investors and shoppers.

Target disclosed on Dec. 19 that a data breach compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15. Then on Jan. 10 it said hackers also stole personal information — including names, phone numbers and email and mailing addresses — from as many as 70 million customers.

Comments

holysee

Sue Bob White was the mastermind behind this data breach.

holysee

(At least that's the word on the street.)

DGMutley

Think Target's breach is scary?

Apple has 600 million user credit cards on file with PayPal checking in with 110 million. I read that on Motherboard regarding Apple killing Blockchain a bitcoin app.

Apple's interested in getting into mobile pay.