BOSTON/NEW YORK (Reuters) – Target Corp (TGT.N: Quote, Profile, Research, Stock Buzz) warned that last year’s massive security breach could have been more extensive than reported so far, leading to further losses at the No. 3 U.S. retailer.
“Our investigation of the matter is ongoing and it is possible that we will identify additional information that was accessed or stolen, which could materially worsen the losses and reputational damage we have experienced,” the company said in its 10-K annual report filed with the Securities and Exchange Commission on Friday.
BOSTON/WASHINGTON (Reuters) – Target Corp’s security software detected potentially malicious activity during last year’s massive data breach but its staff decided not to take immediate action, the No. 3. U.S. retailer said on Thursday.
“With the benefit of hindsight, we are investigating whether if different judgments had been made the outcome may have been different,” company spokeswoman Molly Snyder said in a statement.
BOSTON (Reuters) – Lookout, the mobile security software maker, named telecommunications industry veteran Jim Dolce as chief executive officer on Thursday, succeeding company co-founder John Hering.
Seven-year-old Lookout said in a statement it “decided to bring in a CEO with deep experience in building and scaling companies to ensure Lookout’s ongoing success.”
BOSTON (Reuters) – A mysterious computer virus believed to be from Russia infected hundreds of thousands of PCs around the globe after attacking the U.S. military’s Central Command in an unprecedented breach uncovered in 2008, according to the details of new research released on Wednesday.
Costin Raiu, director of research at Moscow-based Kaspersky Lab, told Reuters on Wednesday that at least 400,000 computers across Russia and Europe were infected with the virus, dubbed Agent.BTZ, based on the number of infections detected by his firm’s anti-virus software.
BOSTON/SAN FRANCISCO (Reuters) – Twitter Inc crashed on Tuesday for the second time in nine days when a software glitch stalled the popular messaging service for about one hour.
The company apologized to its 250 million users in a status blog, saying it had encountered “unexpected complications” during “a planned deploy in one of our core services.”
BOSTON/SAN FRANCISCO, March 11 (Reuters) – Twitter Inc
crashed on Tuesday for the second time in nine days
when a software glitch stalled the popular messaging service for
about one hour.
The company apologized to its 250 million users in a status
blog, saying it had encountered “unexpected complications”
during “a planned deploy in one of our core services.”