Bloomberg: Target Knew About Its Hack — And Did Nothing

Target's BreachIf you’ve seen one security operations center, or SOC, you’ve essentially seen them all. Inside, analysts sit in front of rows of screens that monitor Target’s billion-dollar IT infrastructure. Government agencies often build their own SOCs, as do big banks, defense contractors, tech companies, wireless carriers, and other corporations with centralized stockpiles of high-value information. Retailers, however, tend not to. Most still focus on their primary mission, selling stuff—in part because their sprawling networks of stores and e-tailing entry points are difficult to lock down against incursions. A three-year study by Verizon Enterprise Solutions (VZ) found that companies discover breaches through their own monitoring in only 31 percent of cases. For retailers, it’s 5 percent. They’re the wildebeests of the digital savannah. Target was striving to be different.

Read the full story at Bloomberg Businessweek.

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