News

Target names new security, technology chief

Target names new security, technology chief

TARGET:The discount retailer's previous CIO resigned in March, several months after the data breach, which included the theft of about 40 million credit and debit card records and 70 million other records of customer details late last year. Photo: Associated Press

(Reuters) – Target Corp, which is recovering from a massive data breach, on Tuesday named high-profile information technology consultant Bob DeRodes as chief information officer.

The discount retailer’s previous CIO resigned in March, several months after the data breach, which included the theft of about 40 million credit and debit card records and 70 million other records of customer details late last year.

DeRodes starts on May 5. Target, the third-largest U.S. retailer, said it was still looking for a chief information security officer and a chief compliance officer.

DeRodes has been a senior information technology advisor for the U.S. Department of Homeland Security, the U.S. Secretary of Defense, and the U.S. Department of Justice.

He sits on the board of NCR Corp as well as privately held Veracode, which offers cloud-based application security. He worked at First Data Corp from 2008 to 2010 and at Home Depot Inc from 2002 to 2008.

Target also said that starting early next year, all of its store-branded credit and debit cards will be equipped MasterCard Inc Inc’s chip-and-PIN (personal identification number) technology.

(Reporting by Phil Wahba in New York; Editing by Lisa Von Ahn)

Recent Headlines

in Entertainment

Today in entertainment history: Aug. 1

mtv

A look at the Hollywood headlines that made history.

in Music, Entertainment

Lorde curating ‘Hunger Games’ soundtrack

lorde

The 17-year-old pop star is recording a single for the third installment of the franchise.

in Entertainment

David Cassidy reportedly skips court for race track

cassidy

The '70s heartthrob was reportedly at the race track while his attorney was in court representing him on a drunken driving charge.