Retail News Breaks Archives
Target names Maiorino information security chief
June 10th, 2014
MINNEAPOLIS – Continuing to respond to last year’s data breach, Target Corp. has named Brad Maiorino senior vice president and chief information security officer.
He will be responsible for the retailer’s information security and technology risk. He reports to Bob DeRodes, executive vice president and chief information officer.
Maiorino comes to Target from General Motors, where he was chief information security and information technology risk officer. He was responsible for leading the transformation of the company’s global information security and IT risk organization. Before that, he was the chief information security officer at General Electric.
"Having led this critical function at two of the country’s largest companies, Brad is widely recognized as one of the nation’s top leaders in the complex, evolving areas of information security and risk," said DeRodes. "As an organization, we have made a commitment to our guests and our team that Target will be a retail leader in information security and protection. We believe Brad is the right person to lead that charge."
In December, Target revealed it was the victim of a cyberattack that resulted in the theft of at least 40 million payment card numbers and 70 million other pieces of customer data. The breach led to the resignations of chief information officer Beth Jacob and chairman, president and chief executive officer Gregg Steinhafel.
In the months following the attack, the company detailed significant steps it took to enhance its information security systems and processes while transforming its security and compliance structure and practices. Examples of this effort included enhancing monitoring, segmentation, logging, and security of accounts and installation of application white listing on point-of-sale systems.
"I am looking forward to joining the Target team and helping them continue the progress they have made to be a retail leader in information security and protection," said Maiorino. "I am confident that the combination of a strong team and the leadership commitment will enable us to achieve that objective."