04:07 PM

Target Seeks New CIO

Data breach last year prompts CIO Beth Jacob to resign; Target will hire interim CIO and chief compliance officer

Target is looking for a new chief information officer following the resignation of CIO and executive VP of technology services Beth Jacob on Wednesday.

As the company's top technology executive, Jacob had responsibility for Target's computer systems and network, which succumbed to hackers late last year, enabling a massive data breach.

The breach began on Nov. 27, was confirmed on Dec. 15, and ended on Dec. 18. The company initially said 40 million credit and debit card accounts were affected, but its investigation subsequently revealed that a separate set of data, stored elsewhere and covering 70 million accounts, also had been stolen.

Read the full article here.

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