Target CFO to get Senate grilling

|About: Target Corporation (TGT)|By:, SA News Editor

Target (TGT -0.6%) CFO John Mulligan will face questioning from a Senate committee on February 4 on the data breach at the company.

The committee will also hear from the Secret Service and the FTC.

Though Mulligan will likely be grilled over what the retailer knew and when, the larger story could be the gaining momentum for a data security bill that would advance the use of smartcards in the U.S. to replace magnetic strips.

Related: The NRF calls for use of smartcard technology