With fines like this...
It only makes good business sense to ignore the warnings and keep outsourcing staff to India and places.. Just wait for the next breach and wade through it once again. 'We can always blame it on a State Actor'.
Target, the shopping behemoth for people who are too classy to go to Walmart, has today reached a settlement with 47 states and the District of Columbia over the 2013 hacking incident that saw 70 million customers lose their personal information. In December 2013, at the height of the shopping season, the retailer announced …
Target has suffered reputation damage coupled with a very competitive retail market though they seemed to have recovered from it. The problem for all US retailers is B&M retail is overbuilt and very competitive so mismanagement coupled with stupidity could suddenly take a company down. Many well-known US retailers are going permanently TITSUP and are being put out their misery.