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Target hires information chief, switches to chip-and-PIN MasterCards
Target hires information chief, switches to chip-and-PIN MasterCards

Target Corp. is hoping its newly hired chief information officer Bob DeRodes and its plan to switch its in-house payment cards to a more secure chip-and-PIN system from MasterCard Inc. will help it avoid another massive data breach. The Minneapolis retail giant has made deep changes to its information security systems ever since cyber-criminals broke in during the holiday season last year and made off with data from up to 110 million customers. On Tuesday, the chain said that DeRodes would step into his new position overseeing digital safety enhancements on May 5. His resume includes stints advising the secretary of Defense and the departments of Homeland Security and Justice as well...

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