Things aren't looking any better for Target.
After one of the largest data breaches in history, the retailer's chief information officer resigned, lawsuits are ample, sales are down, and worst of all, a lot of people question Target's security.
And with good reason. A new report reveals that Target missed the alarms that were set in place to prevent a breach like this.
Bloomberg Businessweek spoke to more than 10 former Target employees familiar with the company’s data security operation, as well as eight people with specific knowledge of the hack and its aftermath, including former employees, security researchers, and law enforcement officials. The story they tell is of an alert system, installed to protect the bond between retailer and customer, that worked beautifully. But then, Target stood by as 40 million credit card numbers—and 70 million addresses, phone numbers, and other pieces of personal information—gushed out of its mainframes.