Beth Jacob, Target's Chief Information Officer during the largest retail breach on record, has resigned from her post in the wake of the incident. Beth Jacob, Target’s Chief Information Officer during the largest retail breach on record, has resigned from her post in the wake of the incident. In a statement issued on Wednesday, Target CEO, Gregg Steinhafel, said the company was moving to overhaul its information security and compliance structure. Part of this overhaul includes a new CIO. “As a first step in this effort, Target will be conducting an external search for an interim CIO who can help guide Target through this transformation,” Steinhafel said in a statement. “We will also be elevating the role of the Chief Information Security Officer and hiring externally for this position. Additionally, we will be initiating an external search for a chief compliance officer.” Jacob has been the CIO at Target since 2008, after being promoted to the position from VP of guest operations. In a letter released to the media, she said the decision to resign was difficult, but added that “this was a time of significant transformation for the retail industry and for Target.” At no point in the letter did she mention the most recent security incident. Target’s latest breach problems, the second since 2005, started on Black Friday in 2013, and lasted until December 15. The breach was announced four days later, and impacted some 70 million customers. What do you think? Was this a case of falling on the sword, done to appeal to the shareholders, or was this a smart business move? Related content news Gwinnett Medical Center investigating possible data breach After being contacted by Salted Hash, Gwinnett Medical Center has confirmed they're investigating a security incident By Steve Ragan Oct 02, 2018 6 mins Regulation Data Breach Hacking news Facebook: 30 million accounts impacted by security flaw (updated) In a blog post, Facebook’s VP of product management Guy Rosen said the attackers exploited a flaw in the website's 'View As' function By Steve Ragan Sep 28, 2018 4 mins Data Breach Security news Scammers pose as CNN's Wolf Blitzer, target security professionals Did they really think this would work? By Steve Ragan Sep 04, 2018 2 mins Phishing Social Engineering Security news Congress pushes MITRE to fix CVE program, suggests regular reviews and stable funding After a year of investigation into the Common Vulnerabilities and Exposures (CVE) program, the Energy and Commerce Committee has some suggestions as to how it can be improved By Steve Ragan Aug 27, 2018 3 mins Vulnerabilities Security Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe