Print 17 comment(s) - last by wallijonn.. on Mar 12 at 10:37 AM

The resignation was effective Wednesday

Target's massive data breach over the holiday season last year has prompted many changes, with the latest being a new chief information officer. 

According to The Associated Press, Target's CIO Beth Jacob resigned from the company on Wednesday, although many suspect that the retailer pushed her out after the holiday data breach that affected millions of customers. 

Jacob held the CIO position since 2008, where she was in charge of Target's website, internal computer systems, and everything in between. 

When the data breach happened last year, a lot of the blame likely fell on Jacob's shoulders, which could be the reason for her resignation. 

Target is currently on the search for an interim CIO, and this person will reportedly be a candidate outside of the company. 

Target's breach ran from November 27 through December 15, where customer information like their names, card numbers, expiration dates and CVV verification codes were compromised. Around 40 million customers had their credit cards compromised and 70 million had their customer records stolen.

Beth Jacob [SOURCE: CNN]

Since the breach, Target has been working to make fixes to ensure that it won't happen again. One of these fixes is a call for smartcards, which could replace current credit and debit cards. 

Smartcards, unlike current credit and debit cards used in the U.S., have a tiny microprocessor chip that encrypts the user's personal data shared with the merchant's sales terminals. Traditional credit and debit cards have a magnetic strip instead, which hold's the user's information, but can clearly be compromised. If a smartcard number is stolen, it's useless without the microchip. 

To show Target's dedication to the smartcard cause, it's speeding up its goal of bringing its REDcard smartcards to all Target stores by early 2015 -- six months earlier than its previous goal. The chain is making a $100 million investment in the technology to accomplish this goal.  

In addition to smartcards, Target is changing technology and security roles within the company, such as separating the responsibility for assurance risk and compliance (compliance duties at Target were overseen by Target's current vice president of assurance risk and compliance). 

Source: AP

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Microsoft Execs
By Ammohunt on 3/6/2014 4:39:18 PM , Rating: 3
There are couple execs from Microsoft looking for a job. But who wants to live in Minneapolis?

RE: Microsoft Execs
By Samus on 3/7/2014 1:37:08 AM , Rating: 2
What I find funny is how they are pushing smartcard tech and all this other unnecessary stuff when in this case all of this would have been avoided if the HVAC network was separated from the payment processing network..

I mean that's seriously fuckin' lazy IT.

RE: Microsoft Execs
By captainBOB on 3/7/2014 4:30:10 AM , Rating: 2
Its not surprising at all to me, American companies have a fucked up belief that IT is a sunk cost that needs to be reduced however possible, rather than a critical infrastructure that the entire business depends on that should receive far more TLC and resources to keep up with developments in technology and cybersecurity.

This is only the beginning, I forsee many more companies getting pwned before a sea change in IT budgets to prevent this crap happens.

RE: Microsoft Execs
By retrospooty on 3/7/2014 7:17:28 AM , Rating: 1
"companies have a fucked up belief that IT is a sunk cost that needs to be reduced however possible, rather than a critical infrastructure that the entire business depends on that should receive far more TLC and resources "

Yup... This.

RE: Microsoft Execs
By idiot77 on 3/7/14, Rating: 0
RE: Microsoft Execs
By extide on 3/7/2014 2:21:52 PM , Rating: 2
This is completely false, and this mindset is a great example of the problem.

RE: Microsoft Execs
By Ammohunt on 3/7/2014 2:50:44 PM , Rating: 2
Value of the skill set is based on demand and for what i do for IT departments i am in high demand and could not be more satisfied with a career. You cannot put a price on properly automated business systems only ignorant CFO's bitch and whine about the cost.

RE: Microsoft Execs
By retrospooty on 3/7/2014 2:57:41 PM , Rating: 2
LOL, I know right... As if all companies treat IT like burden. Mine doesn't, they love us and they pay extremely well.

RE: Microsoft Execs
By retrospooty on 3/7/2014 2:55:08 PM , Rating: 2
"Face it, IT is a cost center and the people in IT want far more than their skillset is worth. It's not hard, which is why I didn't go into it. If you are a cost center and not a revenue generator"

While true it is a cost center, it is one that all companies need. Even small companies. The truth is some companies put effort into it and others try to cut costs as much as possible. You get out what you put in generally, like with anything...

" then your job satisfaction is minimal because you will forever be an expense and never an asset."

LOL. That is funny. Individuals job sat has nothing to do with if they work in a cost center or revenue generator. Both parts are necessary, neither can function at all without the other. And personal job sat is more related to doing what you enjoy and working with/for people you like. If you like what you do and your boss and co-workers are OK, then you probably have good sat, if you hate what you do, or if your boss is a complete asshatmaniac, you probably dont has good sat. Cost center/Revenue gen has zero to do with it.

I work in IT and am very happy. Honestly, its a great field to be happy in as every company needs us. Since 2008, I literally went on 5 interviews and got 4 job offers. I am happy because I love what I do, but even happier because I can basically pick and choose where I want to work, and if it gets crappy here, I can simply quit and confidently find a new job in no time at all... Thanks for your concern though ;)

RE: Microsoft Execs
By sorry dog on 3/7/2014 1:49:18 PM , Rating: 2
Sadly true...

I trip to your local Home Depot shows this as their Point of Sales registers are running Windows XP... ya know the over decade old OS with no support starting next month.

I got an idea... instead of these thousands of attorneys trying to sue drug makers for semi-natural diseases and death, maybe they could be redirected to IT negligence cases...maybe then companies will start investing in IT out of fear...lord knows the execs aren't investing in them because of sound business practices.

RE: Microsoft Execs
By wallijonn on 3/12/2014 10:37:57 AM , Rating: 2
local Home Depot ... their Point of Sales registers are running Windows XP... ya know the over decade old OS with no support starting next month.

Many stores are running W98 (automotive stores, for instance) as front ends, basically dumb terminals - one starts an application on the desktop that directly inputs to a server application. (Consider the input you just typed in into Daily Tech's posting window - it's in terminal mode.)

The XP machines at HD, Lowes, Best Buy, WalMart, etc. & et. al., are not accessing the internet, they are part of their own intranet, with no internet access, so why do they need internet security updates?

It was not the POS machines themselves that were hacked, it was the server at corporate IT which ran the POS database application.

If indeed the Smart Card embedded chip must be read to make a purchase, then how will one now do online purchasing? We'll probably use it just as we do now.

Probably A Diversity Hire Anyways...
By Arsynic on 3/6/14, Rating: -1
RE: Probably A Diversity Hire Anyways...
By TheDoc9 on 3/6/2014 4:48:19 PM , Rating: 2
Seriously? That's not funny.

Sadly this is someone obviously being thrown under the bus.

Also, I hope they're not implementing these smart cards:

RE: Probably A Diversity Hire Anyways...
By morgan12x on 3/6/2014 5:52:32 PM , Rating: 1
Sexist comment? Yes.

Thrown under the bus? No! She was the freakin' CIO. It's HER JOB to protect their customers' data. I can't begin to say how many companies employ CIOs that don't have a clue about security. A failure like this deserves her dismissal. My company would do it in a heartbeat for a similar snafu.

By ipay on 3/7/2014 9:45:04 AM , Rating: 2
Devils advocate here... we don't know if she fought for a bigger budget to aggressively harden their infrastructure preemptively. If she did, and she was denied, then yea she was thrown under the bus. All to often people don't do things preemptively but rather just react when things go bad. Especially when money is involved.

RE: Probably A Diversity Hire Anyways...
By Arsynic on 3/7/2014 10:36:20 AM , Rating: 2
That wasn't a sexist comment. I was just entertaining the possibility that she was probably unqualified for the position but was hired simply because they needed someone with a vagina in the C-Suite. She's probably just another run-off-the-mill MBA-toting penny-pincher that can put together a mean Excel spreadsheet, so she was "qualified" to head the IT department.

Apparently, her IT team brought up the security issue and nothing was done. The solution probably cost so much that her bonus would end up being smaller.

By sorry dog on 3/7/2014 1:55:05 PM , Rating: 2
Just because it's sexist doesn't mean there isn't some truth to it.

It was sexist...and she probably was bus fodder, but imagine she'll land on her feet or at least have a large severance to cushion the fall.

"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation

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