The committee is chaired by Senator Patrick Leahy, a Vermont
Democrat and author of one of the few data security bills under
John Mulligan, who is executive vice president as well as chief
financial officer, oversees Target's financial portfolio, including
finance and retail services, company spokeswoman Molly Snyder said
in an email confirming his appearance before the panel.
Representatives of the Federal Trade Commission, the Secret Service
and the Department of Justice are also slated to testify at the
hearing, according to the committee's schedule.
Last week, Democratic lawmakers called for a congressional inquiry
into the hacking of credit and debit card data of tens of millions
of customers of the No. 3 U.S. retailer during the holiday shopping
Target, based in Minneapolis, has said a breach of its networks
resulted in the theft of about 40 million credit and debit card
records and 70 million other records with customer information.
Privately owned luxury retail chain Neiman Marcus has said it too
was victim of a cyber attack, and sources have told Reuters other
retail chains have been hacked.
[to top of second column]
In a post on Neiman's website dated January 22, Chief Executive
Officer Karen Katz said data tied to about 1.1 million customer
payment cards could have been exposed as part of the breach from
July 16 to October 30.
So far, about 2,400 payment cards used at Neiman Marcus' various
chains have been used fraudulently, Katz said, citing notification
from credit card networks Visa Inc, MasterCard Inc and Discover
(Reporting by Alina Selyukh, Dhanya
Skariachan and Phil Wahba; editing by Jonathan Oatis)
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