Brian Cornell, newly appointed CEO of Target Corp., faces the challenge of ensuring that the protection of customer information is a top priority at the company following last year's massive data breach.
The federal tally of major health data breaches has grown substantially in recent weeks. Incidents added over the last month provide examples of the variety of risks that healthcare entities continue to battle.
Karl Schimmeck of the Securities Industry and Financial Markets Association won't discuss reports about the group's alleged backing of the formation of a cyberwar council, but says financial institutions must play a role in protecting critical infrastructure.
A federal judge has denied Target's motion to halt the discovery process in the class action lawsuits filed against the retailer in the wake of its December 2013 data breach. Target has yet to file its planned motions to dismiss most of the claims.
The Massachusetts attorney general has reached a $150,000 HIPAA settlement with a Rhode Island hospital in the wake of a 2012 data breach that affected 14,000 patients, most of whom were from Massachusetts.