Target overhauls security and compliance group, CIO resigns

Share this article:

Battered in the aftermath of a high-profile data breach discovered in mid-December, Target Corp. has reorganized its security and compliance division and accepted the resignation of CIO Beth Jacob, according to the Associated Press.

In a statement, Target Chairman, President and CEO Gregg Steinhafel said in the first step in overhauling the Minneapolis-based company's information security and compliance structure and practices, the company will launch an external search for an interim CIO. “We will also be elevating the role of the Chief Information Security Officer and hiring externally,” Steinhafel said. The company will also conduct an external search for a Chief Compliance Officer.

In an internal memo published by Krebs, Target said the CISO and CCO, who will hold vice presidents titles, will report to the vice president of corporate security and be a part of Target's Law Pyramid.

Share this article:
You must be a registered member of SC Magazine to post a comment.

Sign up to our newsletters

TOP COMMENTS

More in News

Email promises free pizza, ensnares victims in Asprox botnet instead

Email promises free pizza, ensnares victims in Asprox ...

Cloudmark came upon an email that offers free pizza, but clicking on the link to get the coupon ends with victims being ensnared in a botnet.

Report: most orgs lacking in response team, policies to address cyber incidents

In its Q3 threat intelligence report, Solutionary learned that 75 percent of organizations it assisted had no response team or policies and procedures to address cyber incidents.

Flash redirect campaign impacts Carnegie Mellon page, leads to Angler EK

Flash redirect campaign impacts Carnegie Mellon page, leads ...

Malwarebytes found that, since early July, thousands of sites had been targeted in the campaign.