View Post

Target CEO Departs in Wake of Data Breach

In What's New, Industry News by Accessories Staff

Minneapolis—The repercussions of the post Black Friday security breach that exposed 70 million customer records, card numbers, expirations and security codes continued. This morning Target Corp.’s board of directors announced that CEO Gregg Steinhafel, a 35-year- employee of the mass merchant, was out was chief executive. Saying Steinhafel’s departure comes …

View Post

Retail, Financial Trade Groups to Partner on Cyber Security

In What's New, Industry News by Accessories Staff

Washington—Following recent calls that retailers, banks and security institutions partner in effort to avoid another cyberfraud debacle like Target, Neiman Marcus and other retailers recently reported, a group of leading trade associations representing the retail and financial services industries announced a new cybersecurity partnership. The partnership will focus on exploring …