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March 13, 2014 04:53 pm GMT

Report: Target Detected Hack Early But Ignored It

Target.jpg

Target was prepared for its massive hack in November and knew of it early on, but did nothing to stop it, according to a report.

A Bloomberg Businessweek claims that, months prior to the attack, the retailer installed a $1.6 million malware detection tool from FireEye. Target also had a group of security specialists in Bangalore monitor the system at all hours. On Nov. 30, the Bangalore team got an alert and notified Target's security team in its Minneapolis headquarters. For some reason, however, that team did nothing about an attack that would eventually compromise up to 40 million customers' credit card data. (Target later revealed that personal information like email addresses and phone numbers had been compromised for 70 million customers, meaning a total of 110 million people may have been affected.) Read more...

More about Hacking, Security, Target, and Business

Original Link: http://feeds.mashable.com/~r/Mashable/~3/uA0CqDnArMY/

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