Hire SlumDogs and have dimwit CIOs with little experience who think going “Indian” is just peachy… and soon the companie dies. It’s a story that happens over and over and over and over and over and …

(AP) — Target Corp. (NYSE:TGT) Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach.

Target Chairman, President and CEO Gregg Steinhafel said in a statement released to The Associated Press that the company will search for an interim chief information officer who can help guide the company through the transformation.

Jacob had been in her current role since 2008 and oversaw teams in the U.S. and India.

Target disclosed on Dec. 19 that the data breach compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15. Then on Jan. 10 it said hackers also stole personal information — including names, phone numbers as well as email and mailing addresses — from as many as 70 million customers.

http://www.nytimes.com/2014/03/06/business/targets-chief-information-officer-resigns.html?_r=0

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