Target CEO on Security Breach: We’ve Tried to Be Very Transparent

‘It takes a village’

Target CEO promises to make 'significant changes' after huge data breach (NBC News)

The head of retail powerhouse Target is pledging to "make significant changes" in the wake of the latest revelation that as many as 110 million customers were ensnared in a massive data heist at stores across the country.

"Clearly, we're accountable and we're responsible. But we're gonna come out at the end of this a better company," Gregg Steinhafel — Target chairman, president and chief executive officer — told CNBC's Becky Quick in an exclusive interview that will air in full on Monday morning. "And we're gonna make significant changes."

Customers can change their PIN or get a new card, says Gregg Steinhafel, Target chairman & CEO, explaining what consumers can do to address any lingering security concerns.

Video files
Full
Compact
Audio files
Full
Compact
Similar stories
John Fund: If Target Must Be Transparent About Hackers, So Must Obama
Sen. Menendez: I Want the Federal Gov’t Investigating the Target Security Breach
Trump on Voter Fraud Commission: ‘We Will Approach This Important Task with a Very Open Mind’
Leon Panetta: Trump Should Be Very Careful About Getting Rid of Iran Deal
Sec. Esper: If China Had Been More Transparent, We Would Have Been Able to Contain Coronavirus in China