After researching a bit more about the 2013 Target hack, I found out that it ended up becoming the largest retail hack in U.S. history (Bloomberg, 2014). Target failed their customers largely in part because of one main reason. They were alerted not once, not twice, but three times of the suspicious activity, before finally reacting to it. Ironically, this hack took place just six months after spending $1.6 million for a new malware detection program (Bloomberg, 2014). Unfortunately for the 40 million people whose credit card information was taken and the other 70 million people whose address, phone numbers and other information was breached, Target failed to respond to the initial alerts from the monitoring company in an appropriate time frame …show more content…
It also seems as though he had a genuine passion for leading. Fast Company interviewed Steinhafel and stated that throughout their conversation, he “peppered his conversation with “we” without once referring to that tired chestnut that there is no “i” in team” (Dishman, 2012). With that being said I would imagine Gregg Steinhafel to have some decently established interpersonal skills. He understands the importance of teamwork and that in order to accomplish great things you need to set forth a great effort. During his Fast Company interview, he also speaks about the respect he has for his team and making it a point to not call people at night (Dishman, 2012). As for the decisional aspect of things, he would negotiate deals with other brands but only if they share the same characteristics and values Target strives to uphold (Dishman, 2012). Given the positive words I have read about Steinhafel, I still believe that the timeframe in which the Target hack was disclosed to the public could have been handled better. Being the spokesperson for such a large company and given the impact this hack had on the vast portion of the United States, Steinhafel should have responded to the public sooner than four days after the
The PC screening qualities of the project incorporates working impalpably and subtle at each desktop without influencing the focal arrangement of the machine source, follows all customer correspondences, screens and check all keystroke activities despite of the projects used, outlines all data into intelligible reports, and gives complete data connected to specific specialist exercises with customized providing details regarding a laborer's PC. The use of system approved by Interguard and Webwatchers stores, screens and, deals with the target Pcs web destinations went to, email, and web mail, immediate messages, talks, keystrokes entered, program utilization, GPS locales, web surfing, programming use, development of private data deleted, and recouped critical information.
In 2013, target corporation experienced a serious data breach where its security, as well as the payment system,was breached. The security breach was so intense in which case; it compromised over 40 million credit as well as debit card numbers. Furthermore, 70 million phone numbers, addresses, and other personal information was affected(Krebs, 2014).The attack was made without the knowledge of Target Corp. until mid-December when the department of defense notified the company that its system was being attacked. One problem that came out clear, in this case, was the fact that Target Corp. had been notified of the attack
The Target Corporation has undergone many changes due to the 2013 security breach where hackers stole personal information from credit and debit cards of at least 70 million customers. Target sales and reputation has dropped from this instance, thus eliciting changes in their security systems, changes in management, and a few policy changes in handling customer information. With the public eye on the corporation’s handling of the situation, Target has been communicating these changes through various means. The changes they needed to communicate were informing customers of the security breach, addressing the bad press coverage to shareholders, downsizing of employees, and
The Security breach that hit Target in 2014 was one of the worst ever. It exposed names, addresses, phone numbers, credit and debit cards information’s of 70 million customers. Target informed that all transactions and customers’ information between Nov.27 to Dec. 15 2014 were stolen on the attack by hackers. This attack affect millions and the giant store as well losing money when their sales declined to 2.5 percent. Target had to email all affected customers and help all of them with their own credit monitoring by offering free credit monitoring and identity theft protection and also make them no liable to any fraudulent purchase after the breach. It was a big deal and it was all over the news. Two suggestions I would give is one, add a protocol
Greg Steinhafel exhibited complete ability to execute the three managerial roles. Steinhafel took full responsibility for the attack that happened to Target. He was the face and the voice for Target during this time of crisis. Steinhafel did his best to appease the anxieties of his employees and the public. Steinhafel visited Target stores throughout the U.S. and talked to employees regarding goals and expectations on performance. He also began holding status meeting, twice daily to stay abreast on all information regarding the data breach (Langley, 2014). Steinhafel displayed his interpersonal skills by doing these tasks.
During the last Christmas season, Target announced that their data security was breached. According to David Lazarus in Los Angeles Times, Target stated that roughly 110 million customers’ information was illegally taken from their database. The information included their credit/debit card info, phone numbers, and email addresses. Target is one of the most popular grocery stores in the U.S.; they have a substantial amount of consumers. Because of this incident, consumers' trusts for the store have been decreasing. Worrying about losing its customers, the company offered a free year of credit monitoring and identity-theft protection, so the customers will feel more secure. Not only Target, some other large retailers also faced the same issues. They want their customers to trust that the companies can protect private data. However, should we not worry? Data breaches have been going on for about a decade, but we have not seriously thought about the issue. In order to protect people’s privacy, the federal government should make new laws concerning companies’ handling of customer information.
Even though Target is ranked currently 36 in the fortune 500 companies and have over 1750 stores, they are still very susceptible to being a victim of a cyber attack. In 2013 Target fell victim to a security breach on their system. Roughly around Thanksgiving of 2013 someone had installed malware in Target’s security and payment system enabling the hackers to steal credit card and personal information. “Six months earlier the company began installing a $1.6 million malware detection tool made by the computer security firm FireEye, whose customers also include the CIA and the Pentagon.” (BloombergBusiness) In place was a very effective security system, but when the attacked happen on November 30, FireEye spotted the hackers and Bangalore, a third party cyber security company hired by Target alerted the IT team at corporate office in Minneapolis. There was no response from Target’s Corporate IT team and therefore led to the 40 million credit card numbers and 70 million addresses, phone numbers
Target a large retail corporation that operates over 1,700 stores across the United States. They also operate as an online retailer at target.com. In 2012 the retailer earned more than $73 billion dollars in revenue and grew their sales by 5.1% from the previous year. Looking at the revenue and sales growth rate it is hard to fathom that more money could not be spent to ensure that consumer data is protected as much as possible. As information security specialists one of the worst things that can happen is our network gets infiltrated and customer information is stolen. On December 19, 2013 Target released a statement stating that they have had an information
In December 2013, Target was attacked by a cyber-attack due to a data breach. Target is a widely known retailer that has millions of consumers flocking every day to the retailer to partake in the stores wonders. The Target Data Breach is now known as the largest data breach/attack surpassing the TJX data breach in 2007. “The second-biggest attack struck TJX Companies, the parent company of TJMaxx and Marshall’s, which said in 2007 that about 45 million credit cards and debit cards had been compromised.” (Timberg, Yang, & Tsukayama, 2013) The data breach occurred to Target was a strong swift kick to the guts to not only the retailer/corporation, but to employees and consumers. The December 2013 data breach, exposed Target in a way that many
The Target data breach remains one of the most notable breaches in history, it was the first time a CEO of a major corporation was fired due to a security event. The breach received an enormous amount of attention, it caused corporations and individuals to change the way they think about information security and data protection. Between Thanksgiving and Christmas 2013 hackers gained access to 40 million customer credit cards and personal data of 70 million Target customers. The intruders slipped in by using stolen credentials and from there gained access to vulnerable servers on Targets network to launch their attack and steal sensitive customer data from the POS cash registers. All this occurred without a response from Targets security operations center, even though security systems notified them of suspicious activity. The data was then sold on the black market for an estimated $53 million dollars. However, the cost to Target, creditors, and banks exceeded half of a billion dollars. This report will review how the infiltration occurred, what allowed the breach to occur including Targets response, and finally who was impacted by the security event.
Even though Target is ranked currently 36 in the fortune 500 companies and have over 1750 stores, they are still very susceptible to being a victim of a cyber attack. In 2013, Target fell victim to a security breach on their system. Roughly around Thanksgiving of 2013, someone had installed malware in Target’s security and payment system enabling the hackers to steal credit card and personal information. “Six months earlier the company began installing a $1.6 million malware detection tool made by the computer security firm FireEye, whose customers also include the CIA and the Pentagon.” (BloombergBusiness) In place was a very effective security system. However, when the attacked happen on November 30, FireEye spotted the hackers and Bangalore (a third party cyber security company hired by Target) that alerted the IT team at corporate office in Minneapolis. There was no response from Target’s Corporate IT team and therefore led to 40 million credit card numbers and 70 million addresses, phone numbers and other personal
In 2013, A US retailer Target got hacked in their payment system. Credit card information, addresses and names of 100 millions of people were leaked (Adee, 2015). Curiously, a few months later, one of my credit cards, used in Target recently before the hacking, had many abnormal purchase on physical and online store transactions. I can solve the problem and remove unpurchased value on credit card account, but it costs me many days. I had to fill out some form, I called many times to the bank for the claim, I listened some wonderful music while I was waiting for a representative to attend to me, and get the same message, “all of our current representatives are busy right now, wait for the next available representative or call back later…”, over
Target data breach. By ignoring the warnings created from the breach at Target, Home Depot allowed the attackers to use similar methods that could have been easily defended.
Today, we live in a technologically based world in which almost everything we do is done through computer-based technology. Communication, marketing, and even transactions are all done through technology. The danger of having all of your information online is that once something is on the internet, it is permanent. Whether it be your home address, phone number, or simply pictures of you and your family, you can never really remove anything. This can be both positive and negative. Negative because if your information slips into the wrong hands you can get into trouble. And this can be positive because with all kinds of people around the world posting information on the internet, it brings everyone a little closer together, making it easier to connect with people from all over the globe. One negative effect of the internet making the world a smaller place was Target’s data breach a few years back. In mid-December of 2013, Target experienced a crisis when criminals had forced their way into Target’s system, gaining access to many guests credit and debit card information. As the investigation continued, it was later determined that certain guest information, such as names, mailing addresses, email addresses and phone numbers were taken as well. Target has built its reputation of customer satisfaction over the years by providing excellent service to customers and having better discounts than their competitors,
On December 19th, Target’s website and telephone lines were flooded with an increase in traffic of worried customers. Potential victims said they had trouble getting a hold of Target through its website and call centers (D’Innocenzio, 2013). Disgruntled customers took to social media in the forms of Twitter and Facebook to voice their opinion and look for answers. Some of the comments from disgruntled customers said they would stop shopping at target. Forbes Magazine even called the data breach the “nightmare before Christmas” (McGrath, 2014). Target responded by releasing a statement that said they were working hard to resolve the issues and were going to be hiring more workers to take calls and work out the problems with the website