Target CEO is Leaving

Gregg Steinhafel has resigned from Target, or fired based on the report you read.  This is of course just 5 months after the massive data breach.  This extends the debate over what happened and who was responsible.  Target has also replaced the CIO at the beginning of May.  The fall out continues.

Target has also announced it is purchasing chip and pin technology to better protect credit card consumers.  This is an an example of reacting versus being proactive.  At least the technology is being purchased.