During our testimony to Congress in February, Executive Vice President and CFO John Mulligan reiterated Target’s commitment to information sharing with law enforcement and others fighting cyber threats to help make Target, our partners and consumers more secure.
Target has officially joined the Financial Services Information Sharing & Analysis Center (FS-ISAC), a non-profit private sector initiative developed by the financial services industry to help facilitate the detection, prevention, and response to cyber attacks and fraud activity. Information Sharing and Analysis Centers (ISACs) were created nearly 15 years ago in several industries to help effectively share critical information. As part of its financial operations (Target Bank, a federally-regulated entity), Target will now be a platinum member of the organization.
"Joining the FS-ISAC reinforces Target’s position that the retail and financial industries have a shared responsibility to collaborate and strengthen protections for American consumers," says Ralph Boelter, vice president, Corporate Security, Target. "The Target team is looking forward to playing an active part of the FS-ISAC and working alongside these partner organizations toward industry solutions for cyber threats."
Check back soon to hear more about how we’re working with industry partners and guests to advance public education around cyber security and the dangers of consumer scams.
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