Texas police arrest man linked to Target data breach -report

SAN FRANCISCO Wed May 7, 2014 8:08pm EDT

SAN FRANCISCO May 7 (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. (Reporting by San Francisco newsroom; Editing by Eric Walsh)

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Comments (1)
MLackland wrote:
It’s about time. Good job.

May 07, 2014 8:26pm EDT  --  Report as abuse
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