06 March 2014
In what appears to be the latest executive casualty from the retailer’s security breach last December, Target Chief Information Officer Beth Jacob resigned her position effective yesterday.
This comes as the retailer undergoes a major overhaul to its security and compliance divisions following the massive data breach that left 40 million credit and debit card accounts compromised.
In a released statement, Target President and CEO Gregg Steinhafel said the company will hire an interim CIO while it transitions toward stronger security protocols.
In a posting to the company’s blog Steinhafel wrote: “In the weeks ahead, we hope to understand more about how this attack happened. And will use what we learn to inform our guests, make Target a safer place to shop and to drive change across the broader retail industry.”
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Jacob had been in the role of CIO since 2008.
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