Following the data breach that cost the company as much as $440 million in profit, Target has announced it is “accelerating the adoption of advanced chip-enabled technology, investing more than $100 million to equip its stores and to issue Target branded smart chip credit and debit cards,” according to Retail Info Systems News. Further, the company is investing $5 million in a new coalition with the Better Business Bureau, National Cyber Security Alliance and National Cyber Forensics Training Alliance to educate the public about cybersecurity and the dangers of consumer scams.
Full Story