DeRodes steps into breach as Target's new CIO

Target has named veteran IT executive Bob DeRodes as its CIO and is tasking him with taking the $73 billion retailer in a new technology direction following the mammoth data breach that it disclosed late last year. The breach resulted in information being stolen from 70 million payment card users and prompted the resignation of CIO Beth Jacob.

DeRodes has previous experience as a senior technology adviser for the U.S. Department of Homeland Security, Secretary of Defense and Department of Justice. He also held top technology positions at First Data and The Home Depot. DeRodes currently sits on the boards of NCR and security firm Veracode.

+ ALSO ON NETWORK WORLD: Target CIO resigns following breach | The worst data breaches of 2013 +

Target said DeRodes starts his new job as executive vice president and CIO on May 5, with a mandate from Target's chairman to make changes in both technology and organizational structures.

"Establishing a clear path forward for Target following the data breach has been my top priority," said Gregg Steinhafel, Target chairman, president and CEO in a statement. Target has an "opportunity to take the lessons learned from this incident" in order to improve the retailer's security through a new approach to information technology, he said.

Target says it is still seeking chief information security and chief compliance officers.

Today, Target also said it intends to incorporate MasterCard chip-and-pin technology across the retailer's branded credit and debit cards known as REDcards. The company said that beginning in 2015, the entire REDcard portfolio will be enabled with this MasterCard technology.

Target earlier said it was accelerating a $100 million plan to support chip-and-pin technology by installing the software and next-generation payment devices for it in stores. Target expects these new payment terminals will be in all 1,797 U.S. stores by September.Target also said in March it joined the private-sector organization Financial Services Information Sharing & Analysis Center (FS-ISAC), which communicates regularly with federal law enforcement on cybercrime matters.

Ellen Messmer is senior editor at Network World, an IDG website, where she covers news and technology trends related to information security. Twitter: MessmerE. E-mail:

Read more about wide area network in Network World's Wide Area Network section.

Join the CSO newsletter!

Error: Please check your email address.

Tags Department of Homeland SecuritysecurityVeracodelegalanti-malwareWide Area NetworkcybercrimencrTarget

More about Department of JusticeFirst DataHome DepotIDGNCR Australia

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Ellen Messmer

Latest Videos

  • 150x50

    CSO Webinar: Will your data protection strategy be enough when disaster strikes?

    Speakers: - Paul O’Connor, Engagement leader - Performance Audit Group, Victorian Auditor-General’s Office (VAGO) - Nigel Phair, Managing Director, Centre for Internet Safety - Joshua Stenhouse, Technical Evangelist, Zerto - Anthony Caruana, CSO MC & Moderator

    Play Video

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

More videos

Blog Posts

Market Place