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The hackers who hit Target at the peak of last year's holiday shopping season took thousands of credit card numbers. The breach took down a CIO. Now it's taking a bite out of the company's bottom line. Target has agreed to a $10 million settlement that will award up to $10,000 to each individual who can prove direct harm from the breach.
Xantrion approves of the steps Target is taking to tighten its network security, including designating a chief information security officer (CISO), maintaining a written security policy, and regularly reviewing its processes and procedures for protecting customer data. In fact, we think every company should do something similar. That's why we developed our free guide to risk assessment. Download it. Read it. And if you have any questions about implementing our advice, give us a call.