Gregg Steinhafel News
Tesla (TSLA) 'Gigafactory' May Expand Electric Car Market
Morning Money Memo… Electric-car maker Tesla Motors and Panasonic, the Japanese-owned electronics firm, have signed an agreement for a giant battery “gigafactory” in the US. The manufacturing facility would help Tesla become a mass manufacturer of electric cars. Tesla will manage the battery ...
After the Big Data Breach, Has Target Learned Its Lesson?
Peter Drucker, considered by some to be “the man who invented management,” usually gets credit for the phrase, “Culture eats strategy for breakfast.” Target’s woes following its historic data breach last November proves how true it is. It seems clear at this point that the breach was disastrous for
Can Corporate America Protect Us From Hackers?
A Better Set of Best Practices May Already Exist to Help Fight Data Breaches
Why It Took Target CEO 6 Months to Resign After Embarrassing Data Breach
Target CEO Gregg Steinhafel Is 2nd Top Exec to Leave After Last Year's Breach
Target CEO Loses Job After Security Breach
Gregg Steinhafel faced intense scrutiny over the response to the data breach and disappointing revenue.
Target Boosts Card Security After Data Breach
Morning Money Memo: Target wants to lead but will other retailers follow? After being hit by a colossal data breach during the peak holiday shopping season, Target will introduce more secure chip-and-pin technology for its credit and debit cards by early next year. The technology...
Why Canada's Credit Cards Are Smarter Than US Cards
Morning Money Memo… Will the massive security breach at Target lead to new chip technology and pin numbers for U.S. credit cards? Target CEO Gregg Steinhafel wants banks and retailers to approve changes. In Europe and Canada cards already have smart chips installed and readers...
Target Nearly Doubles Estimate of Customers Affected by Data Breach
The data breach that exposed the credit and debit card accounts of millions of Target shoppers caused more damage than first thought, the discount retailer said today. Target said in a statement that up to 70 million customers were affected by the breach last month....
Target Slapped With Suits After Security Breach
Angry shoppers are lashing out at Target , filing lawsuits in California and Oregon against the retailer, alleging the store "failed to implement and maintain reasonable security procedures" when credit and debit card data for about 40 million customers was taken. Target said it was contacting