[ISN] Report: Texas police arrest man linked to Target data breach

http://www.rawstory.com/rs/2014/05/07/report-texas-police-arrest-man-linked-to-target-data-breach/ By Reuters May 7, 2014 SAN FRANCISCO (Reuters) – Texas police have arrested a man named Guo Xing Chen they say is linked to the devastating data breach at No. 3 U.S. retail chain Target Corp last year, USA Today cited a state criminal complaint as saying on Wednesday. “It is also believed Chen is involved in a large-scale credit breach believed to be in excess of $70 million according to investigators from the Target Corporation,” the newspaper cited an arrest affidavit as saying. The cyber-attack on Target was the second-largest cybersecurity breach at a U.S. retailer. It dented the company’s profits, shook consumer confidence, prompted congressional hearings and helped lead to the removal of Chairman and Chief Executive Gregg Steinhafel this week. […]




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