Target Corp and Trustwave Holdings Inc sued by banks
The lawsuit alleges:
Target failed to implement and maintain the necessary safeguards because doing so cut into profits. Indeed, Target's IT department, called Target Technology Services, chooses cost-effective but not actually effective technology to deploy across Target's stores. As explained by Target's Director of Infrastructure Engineering, Brad Thompson ("Thompson"), in a study analyzing Target's systems, the Target's IT systems are "a cost center, and so [it is] always looking to drive down costs where possible." In the same case study, Target's Senior Group Manager of Server Technology and Enterprise Storage, Fritz DeBrine, said that "[t]o keep our management costs down, it's in our best interests to have a streamlined IT infrastructure at each store."
…That fact was confirmed by John Deters, a Target engineering consultant who testified on behalf of Target in litigation alleging that Target violated provisions of the Fair and Accurate Credit Transaction Act [FACTA] by improperly printing credit and debit account informationincluding the full account number and card expiration date on credit and debit transaction receipts. As Deters testified, "Target retain[s] the full account number" and "then store[s] that information regarding the transaction, including the account numbers… of the credit card or debit card and the expiration date and the cardholder's name, in its computer system."
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@aphlat In this case I am rooting for the banks. Target was unbelievably irresponsible. “Cost centers.” Business as usual.
Target Corp and Trustwave Holdings Inc sued by banks http://t.co/rePwQKiirb
RT @aphlat: Target Corp and Trustwave Holdings Inc sued by banks http://t.co/rePwQKiirb