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May 05, 2014

Five Months After Data Breach, Target CEO Steps Down


Five months ago, Target, one of the country’s largest retailers, announced that the sensitive data belonging to up to 110 million of its customers had been compromised. Today, the company’s CEO is out of a job.

On May 5, the mega-retailer announced that CEO Gregg Steinhafel, who’s worked at Target for 35 years and had led the company since 2008, was stepping down effective immediately.

Target has struggled to recover from the theft of its customers’ debit and credit card information. According to the New York Times, the company has seen reduced sales and fewer profits, as well as a weaker stock price, since the breach was announced.

If a company as big as Target can suffer considerably following a data breach, it seems unlikely that a small- to medium-sized business could remain immune to a similar disaster.

Luckily business owners no longer need to roll the dice and hope that their data is secure. By teaming with a managed service provider that can safeguard your company’s technological infrastructure, you eliminate possible access by unauthorized individuals.

If you’re looking for a managed service provider in Norwalk, CT, look no further than Apex Technology Services. Conveniently located right off the highway, Apex serves clients in Fairfield County, Westchester County and beyond. Click here to learn more about how your business can secure its data and be protected from similar breaches. 





Apex Technology Services
Choose from comprehensive, affordable solutions for IT consulting, network services and computer help desk support in Fairfield county including Norwalk, Darien, Stamford, Greenwich, Ridgefield and Bridgeport. Also Westchester county including Rye, New Rochelle, White Plains, Yonkers and New York including Manhattan and the five boroughs.
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