Newsletters
Customer Relationship Management News NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home CRM Systems Customer Service Contact Centers Business Intelligence More Topics...
Network Security
24/7/365 Network Uptime!
Average Rating:
Rate this article:  
Target Bolsters Information Security Systems
Target Bolsters Information Security Systems

By Tiffany Hsu
May 1, 2014 9:30AM

Bookmark and Share
After a massive data breach, Target has made deep changes to its information security systems and has a new CIO. Target is switching its credit and debit REDcards to MasterCard's system from Visa's. The new cards will store data on a more secure system with embedded chips and personal identification numbers rather than magnetic strips.
 



Target Corp. is hoping its newly hired chief information officer Bob DeRodes and its plan to switch its in-house payment cards to a more secure chip-and-PIN system from MasterCard Inc. will help it avoid another massive data breach.

The Minneapolis retail giant has made deep changes to its information security systems ever since cyber-criminals broke in during the holiday season last year and made off with data from up to 110 million customers.

On Tuesday, the chain said that DeRodes would step into his new position overseeing digital safety enhancements on May 5.

His resume includes stints advising the secretary of Defense and the departments of Homeland Security and Justice as well as technology roles at Citibank, Delta Air Lines and Home Depot.

His predecessor, Beth Jacob, stepped down last month. Target said it continues to search for a chief information security officer and a chief compliance officer.

The company also said Monday that it will switch its credit and debit REDcards to MasterCard's system from Visa Inc.'s early next year.

The new cards will store data on a more secure system that uses embedded chips and personal identification numbers rather than magnetic strips -- the current norm.

Target said earlier this year that it will invest $100 million to speed up its move to the so-called chip-and-PIN setup.

The company said it will have new payment readers and accompanying software in all of its nearly 1,800 U.S. stores in September, six months ahead of its original schedule.

Target has already tried to buffer its data security by resetting passwords for 445,000 employees and contractors while disabling many vendor accounts and reducing access privileges for others.

The retailer is not alone in struggling through the consequences of a breach. In recent months, arts supply chain Michaels Stores Inc. and department store company Neiman Marcus Group indicated that they were targeted by hackers.
 


© 2014 Los Angeles Times (CA) under contract with NewsEdge. All rights reserved.
 

Tell Us What You Think
Comment:

Name:





 Network Security
1.   Tor Working To Fix Security Exploit
2.   Wall Street Journal Hacked Again
3.   Dropbox for Business Boosts Security
4.   Hackers Breached StubHub Accounts
5.   Banks Hit by Android-Skirting Malware


advertisement
Tor Working To Fix Security Exploit
Bug reportedly reveals ID of users
Average Rating:
New Technology Defeats Privacy Efforts
Study identifies 3 browser techniques.
Average Rating:
Banks Hit by Android-Skirting Malware
34 institutions, four European countries
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 
Wall Street Journal Hacked Again
Hacked again. That’s the story at the Wall Street Journal this week as the newspaper reports that the computer systems housing some of its news graphics were breached. Customers not affected -- yet.
 
Dropbox for Business Beefs Up Security
Dropbox is upping its game for business users. The cloud-based storage and sharing company has rolled out new security, search and other features to boost its appeal for businesses.
 

Enterprise Hardware Spotlight
Watson Gets His First Customer Service Gig
Since appearing on Jeopardy, IBM's Watson supercomputer has been making a living using his super-intelligent knowledge base for business verticals. Now, Watson's been hired for his first customer service job.
 
Tablet Giants Apple and Samsung Feel the Heat
When a company saturates its home market with a once-hot product, expect it to pump up efforts elsewhere. Apple, for its part, is now pushing iPads to big corporations and the enterprise market.
 
Microsoft Makes Design Central to Its Future
Over the last four years, Microsoft has doubled the number of designers it employs, putting a priority on fashioning devices that work around people's lives -- and that are attractive and cool.
 

Mobile Technology Spotlight
T-Mobile Calls 'BS' on AT&T's New Promotion
While Verizon Wireless is moving to throttle bandwidth hogs, a scrappy T-Mobile is taking on the giants with a limited-time promotion it hopes will drive up the churn rates of its wireless rivals.
 
Microsoft Update to Windows Phone 8.1 Already Coming
An update to Windows Phone 8.1 is on the way just weeks after the release of the product itself. Microsoft has begun detailing some of the update features to phone manufacturers.
 
Stanford Researchers Report Battery Breakthrough
Stanford researchers have found a way to use lithium in a battery's anode, a breakthrough that could triple capacity and has been described as the "holy grail of battery science."
 

Navigation
CRM Daily
Home/Top News | CRM Systems | Customer Service | Contact Centers | Business Intelligence | Sales & Marketing | Customer Data | CRM Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.