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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (56710)	3/13/2014 10:07:17 AM
From: John Carragher	1 Recommendation Recommended By Doren Read Replies (2) of 57684

A Target Corp team of security experts, armed with a malware detection tool made by FireEye Inc, alerted company officials about a possible data breach on November 30, but they failed to respond to the warning signs, according to a media report on Thursday. Related Stories [$$] Target Earnings Slide 46% After Data Breach The Wall Street Journal Target CEO: sales recovering from data breachMarketWatch Target CIO Takes the Fall The Wall Street Journal Target Tops Profit Estimates as It Begins to Recover From Breach Bloomberg Target Profit Falls 46% On Credit Card Breach And The Hits Could Keep On Coming Forbes The security specialists in Bangalore, India, monitoring computer logs found FireEye's alerts from November 30 and notified Target officials in Minneapolis, Bloomberg Businessweek reported. They also found more alerts from December 2, when more malware surfaced. Such warnings, if heeded, could have cut short the massive data breach that affected millions of customers who shopped at the nation's No. 3 retailer between November 27 and December 18 - the height of the U.S. holiday shopping season.

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