Target moves quickly to prevent future hacks

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Chris Smith

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f9af34bc9c9e643e5ff1f5be717f52fa.jpgTarget’s chief financial officer and executive vice president John Mulligan authored an opinion piece in The Hill on Monday, in which he revealed the company is accelerating its $100 million smart card program following the massive hack it suffered in late 2013. According to Mulligan, the first REDcards smart cards will be deployed in early 2015, more than six years earlier than initially expected, and the technology will also be implemented in the retailers store.

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