Report: Texas police arrest man linked to Target data breach

[InfoSec News <alerts () infosecnews org>]

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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