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Michael Kingston 1 articles

Target and Neiman Marcus executives explain their data breaches to the Senate Judiciary Committee

John Mulligan, Target Executive Vice President and Chief Financial Officer, started off his testimony to the Senate Judiciary Committee apologizing for the data breach that has exposed 110 million Target customers’ personal and financial information. “We know this breach has shaken their confidence in Target, and we are determined to work very hard to earn it back,” Mulligan explained to the panel, which was conducting a hearing on the prevention of data breaches and cybercrime. The data breaches of Target and Neiman Marcus were the primary focus of the hearing. The Justice Department alerted the retail giant on the evening ... Read More