Target

Target Credit Breach
7:41 am
Mon May 5, 2014

In Wake Of Massive Data Breach, Target CEO Steps Down

Originally published on Mon May 5, 2014 10:16 am

In the wake of a massive data breach that exposed the personal information of about 70 million customers last year, Target CEO Gregg Steinhafel is stepping down, the retailer's board announced in a statement Monday.

Read more
Business
11:00 am
Thu January 23, 2014

Target Hack A Tipping Point In Moving Away From Magnetic Stripes

A cryptographic chip embedded in a British debit card. America is nearly alone in still relying on magnetic stripes to authenticate purchases.
Christopher Furlong Getty Images

Originally published on Thu January 23, 2014 2:01 pm

The credit and debit card data breaches at Target and Neiman Marcus compromised more than 70 million American consumers, and analysts say even more of us are at risk. That's because the technology we use to swipe for our purchases — magnetic stripes on the backs of cards — isn't hard for a skilled fraudster to hack.

Read more