Description: Despite alerts received through a $1.6 million malware detection system, Target failed to stop hackers from stealing credit card numbers and personal information of millions of customers.
Date: March 13, 2014
Speaking with more than ten former Target employees and eight people with knowledge of the hack, Bloomberg said that Target already had in place a sophisticated malware detection system designed by security firm FireEye. The $1.6 million system was set up specifically to identify hacks and cyberattacks before they had a chance to do real damage. Read More.
Questions for discussion:
1. Why was the hack successful despite all the warning signs?
2. What system would you put in place to avoid this from happening again in the future?