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JC Penney Company Inc.
Retail giants and trade group team up to prevent data breaches
Retail giants and trade group team up to prevent data breaches

Retail heavyweights such as J.C. Penney Co., Gap Inc., Nike Inc. and Walgreen Co. are joining forces with the Retail Industry Leaders Assn. to try to protect the industry from hackers and other cybercriminals. On Wednesday, the companies and the trade group launched an intelligence-sharing center designed to prevent the kind of data breach that struck Target Corp. over the holiday season. Target, also a partner in the new program, has said that the intrusion exposed 40 million payment card numbers as well as personal data of as many as 70 million customers. The new center will enable retailers to communicate among themselves about potential threats. The Homeland Security...

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