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Target CEO Defends Four-Day Wait to Disclose Massive Data Hack

Since Target’s original announcement that up to 40 million customer credit and debit card accounts had been hacked, critics have questioned why it took the retailer four days to come clean on the data breach.

Now, for the first time since the security breach was announced on Dec. 19, Target Chairman and CEO Gregg Steinhafel is speaking out. While four days may seem like a long time for consumers to learn their sensitive account information was at risk, Steinhafel argued that it was lightning speed from Target’s perspective.

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