The Discount Retailer Target Suffered a Hacker Attack During the Fourth

question 47

Multiple Choice

The discount retailer Target suffered a hacker attack during the fourth quarter of 2013 (4Q2013) that exposed customer account information.Which of the following was not an impact of Target's hacker attack and data breach?

• A)4Q 2013 profit dropped 46% and sales revenue fell 5.3 % after breach was disclosed.
• B)Gartner estimated the cost of the breach from $400 million to $450 million
• C)Target faced 2 lawsuits-one related to privacy invasion and one for negligence.
• D)The incident scared shoppers away,affecting the company's profits throughout 2014.

---

Definitions:

Competent Manager

An individual who possesses the necessary skills, knowledge, and attitude to effectively lead and manage a team or project.

Performance Excellence

Achieving outstanding results and quality in tasks or duties.

Benchmarking

A process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Excellence

A state of exceptional merit or goodness; a performance ideal.