John Sileo Comments on the Target Hack

Here are some important words from my friend and colleague, author and speaker, John Sileo.  We can stop talking about TJ Max now…The Target Hack was big.  And even though the bank tends to cover the stolen card issues, Target did report significant drops in both sales (6%) and profit –  cutting it’s profit forecast by (20%). How many companies can stand this kind of loss?

It’s interesting that even after this event – Gartner Group’s recent report shows that Information Security has dropped from the #1 CIO concern, down to #8.  This is not a good sign…

 

© 2014, David Stelzl

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