Question
In the days prior to Thanksgiving 2013, someone installed malware in Targets (www.target.com) security and payments system designed to steal every credit card used at
In the days prior to Thanksgiving 2013, someone installed malware in Targets (www.target.com) security and payments system designed to steal every credit card used at the companys 1,797 U.S. stores. At the critical moment when the Christmas gifts had been scanned and bagged and the cashier asked for a swipe the malware would step in, capture the shoppers credit card number, and store it on a Target server commandeered by the hackers. You can go through the following two links to read more about this attack.
http://money.cnn.com/2013/12/22/news/companies/target-credit-card-hack/ http://www.securityweek.com/target-confirms-point-sale-malware-was-used-attack
More than 90 lawsuits have been filed against Target by customers and banks for negligence and compensatory damages. Thats on top of other costs, which analysts estimate could run into the billions. Target spent $ 61 million through February 1, 2014, responding to the breach, according to its fourth-quarter report to investors.
Describe what can organizations do to protect themselves from hackers looking to steal account data including the types of technology that could be used to prevent identity thieves from stealing information? (3-4 paragraphs)
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