Target Data Breach

The Target data breach occurred in late 2013 when hackers accessed the retailer's computer systems, stealing credit and debit card information from approximately 40 million customers. The breach happened after cybercriminals gained access through a vendor's network, highlighting vulnerabilities in payment security. Additionally, personal information like names, addresses, phone numbers, and emails of about 70 million customers was also compromised. This incident raised awareness about data security and prompted businesses to improve their protection measures to prevent such breaches in the future. Target faced significant financial losses and reputational damage as a result of this incident.