Ultimately, however, it was the December 2013 data breach that painted a target on Steinhafel's back.
"He held himself personally accountable and pledged that Target would emerge a better company," Target stated.
Just last week, Steinhafel was publicly active in his efforts to move Target forward with new security initiatives. Ironically, while today Steinhafel is stepping down as Target's CEO, it is also the day that the company's new CIO, Bob DeRodes, officially starts. DeRodes replaces former Target CIO Beth Jacob, who resigned her post on March 5 as part of the breach fallout.
Target also recently announced that it will be accelerating the move to Chip and PIN credit card technology. Magnetic stripe-based credit cards do not provide the same level of security and fraud protection as Chip and PIN-based credit cards, which are already widely deployed outside of the United States. Starting in 2015, Target's REDcard-branded credit and debit cards will include MasterCard's Chip and PIN technology.
Under Steinhafel's leadership, Target has also taken other steps to improve its security, including resetting the passwords for 445,000 Target team members and tightening up system access overall.
Ultimately, however, it was the December 2013 data breach that painted a target on Steinhafel's back.
"He held himself personally accountable and pledged that Target would emerge a better company," Target stated.
Just last week, Steinhafel was publicly active in his efforts to move Target forward with new security initiatives. Ironically, while today Steinhafel is stepping down as Target's CEO, it is also the day that the company's new CIO, Bob DeRodes, officially starts. DeRodes replaces former Target CIO Beth Jacob, who resigned her post on March 5 as part of the breach fallout.
Target also recently announced that it will be accelerating the move to Chip and PIN credit card technology. Magnetic stripe-based credit cards do not provide the same level of security and fraud protection as Chip and PIN-based credit cards, which are already widely deployed outside of the United States. Starting in 2015, Target's REDcard-branded credit and debit cards will include MasterCard's Chip and PIN technology.
Under Steinhafel's leadership, Target has also taken other steps to improve its security, including resetting the passwords for 445,000 Target team members and tightening up system access overall.
การแปล กรุณารอสักครู่..