Target Implementing New Credit Card Security Technology

Target Implementing New Credit Card Security Technology

Its common news by now that over the holiday season last year Target was the victim of a major security breach. Said breach resulted in personal as well as credit and debit card information of more than 70 million customers being stolen. The retailer confirmed that malware was present on its point of sale registers, and it apparently functioned undetected, siphoning off important data. Chief Financial Officer of Target, John Mulligan, says that the company is working on implementing a new credit card security technology which will greatly safeguard customers’ data.

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