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Target News

Op-Ed: Is Target responsible for the major cyberattack?

Target has been named as a defendant in over 90 lawsuits with plaintiffs ranging from banks to customers. The plaintiffs are citing negligence on the part of the big box retail giant and are seeking various amounts in compensatory damages.
In the Media by Nicole Weddington - 1 comment

Target warns data breach could be worse than reported so far

Target Corp <TGT.N> warned that last year's massive security breach could have been more extensive than reported so far, leading to further losses at the No. 3 U.S. retailer.
In the Media by Jim Finkle and Phil Wahba (Reuters)

Op-Ed: Why Target is as much a victim as to blame for cyber attacks

If you were one of those people that got a phone call out of nowhere stating that your account has been compromised, you're well aware that Target has been the victim of recent cyber attacks.
In the Media by Jeffrey Nelson

Target says it declined to act on early alert of cyber breach

Target Corp's security software detected potentially malicious activity during last year's massive data breach, but its staff decided not to take immediate action, the No. 3.
In the Media by Jim Finkle and Susan Heavey (Reuters)

Swatch sues Target saying it copied watch designs

Target Corp has been sued by Swatch Group SA, which accused the second-largest U.S. discount retailer of illegally selling watches that copy its own. In a lawsuit made public on Monday in U.S.
In the Media by Jonathan Stempel (Reuters)

Target tech executive resigns after giant data breach

New York - Target's chief information officer has resigned as the retailer overhauls its information security practices in the wake of a giant customer data breach, the company said Wednesday.Beth Jacob, who was in charge of Target's computer systems since 2008, ...
In the Media by AFP

Target announces technology overhaul, CIO departure

Target Corp announced an overhaul of its information security practices and the resignation of its chief information officer as the retailer tries to reassure customers and investors a...
In the Media by Aditi Shrivastava and Maria Ajit Thomas (Reuters)

Target shares recover after reassurance on data breach impact

Target Corp shares made strong gains after it reassured investors that customers were beginning to return to its U.S.
In the Media by Dhanya Skariachan and Jim Finkle (Reuters)

House oversight panel seeks documents on Target breach

A House of Representatives committee with broad investigative jurisdiction has turned up the heat on Target Corp, demanding that the No. 3 U.S.
In the Media by Mark Hosenball (Reuters)

Data breach costs seen crimping Target's firepower for buybacks

Several analysts expect Target Corp <TGT.N> to slash its share buybacks as the third-largest U.S.
In the Media by Dhanya Skariachan (Reuters)
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