Target Data Breach - PowerPoint PPT Presentation

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Title:

Target Data Breach

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In 2013, Target suffered one of the most significant data breaches in retail history when attackers exploited a third-party vendor’s credentials to gain access to their network. This breach compromised the credit card information of 40 million customers and personal data of 70 million others, resulting in substantial financial losses, legal repercussions, and severe damage to Target’s reputation. – PowerPoint PPT presentation

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Date added: 2 August 2024
Slides: 9
Provided by: infosectrain02
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Title: Target Data Breach


1
Target Data Breach
The Vendor Connection
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2
Introduction
  • In 2013, Target, one of the largest retailers in
    the U.S., suffered a significant data breach
    that compromised millions of customer credit
    and debit card details.

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3
Background
  • Attackers gained access to Targets network
    through a third-party vendors credentials,
    exploiting weaknesses in the vendor management
    system.

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4
Consequences
The breach resulted in the theft of credit card
information from 40 million customers and
personal data from 70 million others. Target
faced extensive financial losses, legal battles,
and a damaged reputation.
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5
Lessons Learned
  • The incident highlighted the importance of
    comprehensive vendor risk management and robust
    access control measures within organizational
    networks.

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6
Takeaways
Conduct regular security audits of third-party
vendors, implement strict access controls for
network resources, and monitor vendor activity
closely.
7
Conclusion
Targets experience underscores the critical
need for organizations to strengthen their
vendor security protocols and implement
stringent access controls to protect sensitive
customer information.
8
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