March 05, 2014
Heather Bearfield, National Technology Assurance Services Practice Group Leader, Featured in AP News Article, "Target Tech Chief Resigns as it Overhauls Security."
By Anne D'Innocenzio
Target Corp.'s executive ranks have suffered their first casualty since hackers stole credit card numbers and other personal data of millions of the retailer's shoppers last year.
The nation's second largest discounter told The Associated Press that Beth Jacob, who has overseen everything from Target's web site to its internal computer systems as chief information officer since 2008, has resigned. The company said it will search for an interim CIO.
The departure, which was effective on Wednesday, comes as Target works to overhaul some of its divisions that handle security and technology following the massive data breach. Target said the resignation was Jacob's idea, but some analysts speculate that the executive has faced intense scrutiny as the company has tried to restore its reputation among investors and shoppers.
"Now, they have to take on an active role," said Heather Bearfield, partner in the technology and assurance group at accounting firm Marcum LLP. "You can't sit back and rely on the infrastructure."