Target makes key information security hiring

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

Target (TGT -1.2%) is bringing in a heavy hitter to man its information security with the hiring of Brad Maiorino.

The exec has worked high-level technology risk positions at both GM and GE.

What to watch: Target has promised to accelerate the transition to chip technology in its credit and debit cards. The transition will be need to be smooth with the company under heavy scrutiny following its data breach.