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.
Correct Answer:
Verified
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