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Target names new CIO to oversee technology, security [April 30, 2014] (Reuters) — Target Corp <TGT.N>, which is recovering from a massive data breach, on Tuesday named high-profile information technology consultant Bob DeRodes as chief information officer. |
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The discount retailer's previous CIO resigned in
March, several months after the data breach, which included the
theft of about 40 million credit and debit card records and 70
million other records of customer details late last year. DeRodes starts on May 5. Target, the third-largest U.S.
retailer, said it was still looking for a chief information
security officer and a chief compliance officer. DeRodes has been a senior information technology advisor for the
U.S. Department of Homeland Security, the U.S. Secretary of
Defense, and the U.S. Department of Justice. He sits on the board of NCR Corp <NCR.N> and was a director at
privately held Veracode, which offers cloud-based application
security. He worked at First Data Corp from 2008 to 2010 and at
Home Depot Inc <HD.N> from 2002 to 2008. Target also said that starting early next year, all of its
store-branded credit and debit cards will be equipped MasterCard
Inc Inc's chip-and-PIN (personal identification number)
technology. (Reporting by Phil Wahba in New York; editing by Lisa Von Ahn) [© 2014 Thomson Reuters. All rights reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
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