Target overhauls security and compliance group, CIO resigns
Target CIO Beth Jacob has apparently fallen on her sword in the wake of the massive security breach in mid-December that compromised 40 million debit and credit cards and swept national headlines. Her resignation was rendered this week effective immediately.
"If you look at the history of other large data breaches, turnover at the top of the IT shop is not unusual," says retail IT consultant Cathy Hotka.
Target CEO Gregg Steinhafel says the retailer is now looking outside the company for a CIO to succeed Jacob and help overhaul its network security, according to the Wall Street Journal. Ironically, Jacob, who has a sterling reputation among retail CIOs, was thought of as a great hire by Target in 2008, Hotka says.
