Target Corp.

To: Robert Smith, Card Security Supervisor From: Tom Sabella, Financial Forensic Analyst Date: March !, "# $ Sub%ect: Target Credit&Debit Card 'reach

Recently there (as a massive data breach (ithin our security department. The hac)ers that accessed a point (ithin the in*rastructure did so (ithin +ovember ",th-December .th. /uc)ily (e closed this point (hen the breach (as *irst reported December !th, by our independent security e0pert, 'rian 1rebs.2Target credit&debit card breach editorials3As instructed this memo (ill in*orm you o* the details and my suggested solutions. Some o* the details o* the mishap are not only has payment card data been compromised by these hac)ers, but also massive amounts o* customer in*ormation. According to our records, the the*t consists o* the names, addresses, email addresses, and phone numbers o* up to at least ,# million people. 2Target provides update on data breach and *inancial per*ormance.3 'ecause o* the breach, our C45 6regg Steinha*el stated that (e have %oined (ith the Financial Services 7n*ormation Sharing and Analysis Center 2FS-7SAC3. 7t is a nonpro*it private sector, (hich speciali8es in detection, prevention, and response to cyber-attac)s and *raud activity. 9e are no( part o* its *inancial operations, ma)ing us a platinum member o* the organi8ation.
("Target Joins Financial Services Information Sharing and Analysis Center.)

To ma)e sure this (ill not happen again, (e are ma)ing e**orts to enhance security by starting to introduce the use o* chip-enabled smartcards or :4M;: cards, mainly to improve security o* all types o* payment cards. Also our intentions are to <catch up= to 4urope and other parts o* the (orld (hich already use this technology 2"time for smartcards.). USA Today also stated that almost a decade ago these <smartcards= replaced the magnetic strip on cards (ith a digital chip that prevents thieves *rom counter*eiting cards (ith stolen data. 6iven (hat 7>ve learned through this research, it>s clear that security measures (ill most certainly change here in the states, especially in the (a)e o* the largest hac)ing crime in retail history. 9ith the right help, and the amount o* time given *or this goal, (e can emerge *rom these past dar) days, and ?uic)ly restore our reputation and security among the nation and (orld. 7* you need more in*o, contact me at tsabella@umich.edu. Also ta)e a loo) at the enclosed (or)s cited page *or in*ormation lin)s to my research.

4nc.

Wor s Cited
"!ayment card iss"e." target.com. #.!.$ %& 'ar. (&%). We*. %& 'ar. (&%). ++htt!s,--cor!orate.target.com-a*o"t-!ayment.card.iss"e.as!/0gt1.2.

"Target Joins Financial Services Information Sharing and Analysis Center." target.com. #.!.$ 3 'ar. (&%). We*. %& 'ar. (&%).++htt!s,--cor!orate.target.com-discover-article-target.4oins. Financial.Services.Information.Sharin2.2.

"time for smartcards." target.com. #.!.$ ) Fe*. (&%). We*. %& 'ar. (&%). +'ar. (&%).+htt!s,--cor!orate.target.com-dicover-article-time.for.smartcards2.2.

"target !rovides "!date on data *reach and financial !erformance." target.com. #.!.$ ( Jan. (&%). We*. %& 'ar. (&%).++htt!,--!ressroom.target.com-ne5s-target.!rovides."!date.on. data.*reach.and.financial.!erformance2.2.

"Target credit de*it card *reach." 6ditorial. usa today ( Jan. (&%). We*. %& 'ar. (&%).++555."satoday.com-story-o!inion-(&%)-&%-&(-target.credit.de*it.card. *reach.editorials.de*ates-)77833%-22.