Target, Neiman Marcus Execs to Testify at Data Breach Senate Hearing
(WASHINGTON) -- Executives from Target and Neiman Marcus will testify at a Senate hearing on data breaches on Tuesday.
The Senate Judiciary Committee will hear from Neiman Marcus head, Michael Kingston, and Target Vice President and CFO John Mulligan at Tuesday's hearing on "Privacy in the Digital Age: Preventing Data Breaches and Combating Cybercrime." The hearing will also include additional testimony from Delara Derakhshani of Consumers Union, and Symantec Sr. Vice President of Security Product and Services, Fran Rosch.
Stolen customer data has been an issue that both companies have faced recently. This month Neiman Marcus reported more than a million of its customers' debit and credit card information had been compromised in an ongoing breach between July and October last year. Meanwhile, as the holiday shopping season was underway in December, up to 70 million Target shoppers were told their debit and credit card accounts had been impacted by a major security breach.
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