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Target CEO resigns 5 months after data security breach
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May 5, 2014
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Target CEO resigns 5 months after data security breach
Target's CEO and President Gregg Steinhafel resigned from the company today. It comes just five months after a data breach ensnared millions of Americans' personal data.
Gregg Steinhafel, Target CEO, checks out Black Friday sale items after Target opens its doors on Thursday, Nov. 22, 2012 in Bloomington, Minn.
Gregg Steinhafel, Target CEO, checks out Black Friday sale items after Target opens its doors on Thursday, Nov. 22, 2012 in Bloomington, Minn.
(
Janet Hostetter/AP IMAGES FOR TARGET
)

Target's CEO and President Gregg Steinhafel resigned from the company today. It comes just five months after a data breach ensnared millions of Americans' personal data.

Target's CEO and President Gregg Steinhafel resigned from the company today, just five months after a data breach ensnared millions of Americans' personal data.

While it's unclear how much that played a role in his departure, it does point out that leading a major retailer isn't just about increasing sales, anymore -- you have to make sure your company is ahead of cyber criminals.

For a look at how companies like Target are shifting their priorities to be stronger against cyber crime, we're joined by Danny Yadron, cybersecurity correspondent for the Wall Street Journal.