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Target Cyber-Attack Summary

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In 2013, the cyber-attack against Target cost the company a great deal of money caused the company’s reputation to be damaged and customers worried about shopping at Target. This cyber-attack clearly showed how vulnerable Target’s information system was. It is important to secure information on any system, regardless if it is your personal system or a corporation’s system. The big issue with Target’s breach and other companies’ breaches is the fact that the people responsible for the cyber-attack received information on the company. However, even more importantly they received personal information on their customers including names, debit/credit card information, etc. “Security refers to the policies, procedures, and technical measures used …show more content…
“The malware used in these attacks included a RAM scraper, which enables cybercriminals to capture encrypted data as the data travel through the computer’s live memory, where the data appear as plain text; once injected into retailers’ computer systems, the software seeks out payment programs and data on cards’ magnetic stripes, which are unencrypted and stored in the payment system’s memory during the authorization process” (Laudon & Laudon, 2016, p. 314). While it was just a few days before Target was able to remove the malware, the fraudsters had already captured names, credit card and debit card information, expiration dates, CVV codes and pin numbers. The fraudsters had all of the material they needed to commit fraud on any of target’s customers who had used a credit or debit card during a certain time frame. “Hacker activities have broadened beyond mere system intrusion to include theft of goods and information, as well as system damage and cyber vandalism, the intentional disruption, defacement, or even destruction of a Web site or corporate information system” (Laudon & Laudon, 2016, p. 310). Before the attack happened, Target had invested a great deal of money in higher security for their information systems, however clearly the system was still left vulnerable to being

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