For years, the security community and regulators have been warning that things are starting to get serious and that “plausible deniability” for executives no longer exists when it comes to lapses in network security. Some heeded the warnings, most did not, and as a result we are starting to see the ramifications of a tougher […]
In an attempt to salvage the department-store chain’s reputation, the board yesterday removed CEO Gregg Steinhafel .
The board of directors of US retailer Target has announced that Gregg Steinhafel is no longer the companys president and CEO. The announcement comes just months after the company suffered a major data breach in which 40 million payment cards were compromised. Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel […]
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