That someone had to take the fall for the massive breach at Target is neither surprising nor unexpected. The only question is whether more heads will roll in the aftermath of one the biggest data compromises in retail history.
The head of the organization in charge of maintaining security controls over credit card transactions insisted Monday that its standards remain solid despite the concerns raised by data breaches at Target and other companies.
A security company that worked with the U.S. Secret Service to investigate the data breach at Target identified the malware used in the attack as a sophisticated derivative of a previously known Trojan.
Amazon's ambitious plan to use flying drones to deliver packages is far-fetched, but not just because of technology limitations or air traffic regulations. Amazon's fulfillment center network, as it stands now, is too limited to serve even a tiny fraction of the U.S. in the method described by CEO Jeff Bezos.
Thanks to the influx of mainland tourists, Hong Kong's retail industry has experienced unprecedented growth in the past few years. The Hong Kong Census and Statistic Department shows the city's retail sales in the first 11 months of 2012 reached HK$399 billion, a 9.9% growth from the previous year.