Locks and Security News: your weekly locks and security industry newsletter
1st July 2020 Issue no. 514
Your industry news - first
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Target ignored data breach warning signs
Security researchers have analysed the much publicised Target breach but a new investigative report indicates that the company ignored the warning signs.
Bloomberg BusinessWeek recently launched an investigation into the malware that opened the door for cybercriminals to steal the personal information of about 70 million consumers at the end of last year.
The result of the investigation: Target ignored alerts that its systems were possibly being hacked.
Target is said to have done nothing - despite the fact that its $1.6 million malware detection tool from FireEye zeroed in on the potential hack and alerted the retailer's security team, according to BusinessWeek.
The company responded to the claim by saying: "Target was certified as meeting the standard for the payment card industry (PCI) in September 2013. Nonetheless, we suffered a data breach. As a result, we are conducting an end-to-end review of our people, processes and technology to understand our opportunities to improve data security and are committed to learning from this experience."
19th March 2014