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Target CEO – Steps down after massive Data Breach 5 months earlier

Target and a few other firms were impacted severely by the data breach during peak of holiday season, where POS devices were infected and RAM scraping malware captured highly confidential and sensitive customer information.

http://www.marketwatch.com/story/target-ceo-resigns-5-months-after-holiday-data-breach-2014-05-05

http://www.welivesecurity.com/2014/05/05/targets-ceo-gets-chop-retailer-suffers-massive-data-breach/

QUOTE: Target’s board has been meeting monthly since the data breach, where 40 million credit and debit cards and personal information of 70 million people was stolen, was disclosed in mid-December.

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