Target Takes a Mulligan–CEO Resigns

The latest bit of carnage in the Target Christmas Credit Card breach is the resignation of Target CEO Gregg Steinhafel.  He is being replaced at the helm by interim CEO John Mulligan, Target’s CFO.  The first call he needs to make is to the CIO and his information technology security chief to see where the company is in rectifying the lapses that allowed the security breach to take place.

We see this as a largely symbolic and useless act, a ritual beheading in the public square.  Unless, of course, Steinhafel was the moron in senior management who declared that penetration testing the new POS system could wait until after the holidays.  in that case he deserves what he got.

Hopefully, other corporate CEOs are beginning to understand that they cannot ignore and reject out of hand the business cases that the CIO and technology departments present every budget cycle for beefier cyber defenses.  Maybe FINALLY they will be given the level of importance that they deserve. 

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About the Author:

Cybersecurity analyst, pen-tester, trainer, and speaker. Owner of the WyzCo Group Inc. In addition to consulting on security products and services, Bob also conducts security audits, compliance audits, vulnerability assessments and penetration tests. Bob also teaches Cybersecurity Awareness Training classes. Bob works as an instruction for CompTIA’s non-profit IT-Ready Program in the Twin Cities. IT-Ready is a tuition free 8-week program designed to teach students of all ages the fundamentals of IT support to prepare them for an entry level position in Information Technology Support. Graduates of the classes take the exams to become CompTIA A+ certified. Bob is a frequent speaker at conferences such as the Minnesota Bloggers Conference, Secure360 Security Conference2016, 2017, 2018, 2019, the (ISC)2 World Congress 2016, and the ISSA International Conference 2017, and many local community organizations, including Chambers of Commerce, SCORE, and several school districts. Bob has been blogging on cybersecurity since 2006 at http://wyzguyscybersecurity.com

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