Business Transformation
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Target warns data breach could hurt future profit

Target warns data breach could hurt future profit | Business Transformation | Scoop.it
The third-largest U.S. retailer reported a 46 percent drop in net profit in the crucial holiday quarter and reported $61 million in costs related to the breach. It did not provide an estimate on future expenses related to the cyber attack, though it said they "may have a material adverse effect" on results of operations through the end of the current year and beyond.
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Business Transformation
Corporate & Business Strategy Planning / Execution in the Post Industrial, Digital Economy. Want to know more? Visit me on LinkedIn: www.linkedin.com/in/karlwabst/
Curated by Karl Wabst