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TJX Takes $12 Million Hit in First Quarter for Data Breach
Posted on September 1st, 2009 No commentsThe TJX Companies, whose computer systems containing customer credit and debit card information had been hacked, said the impact of that data breach showed up in the discount retailer’s earnings for the first quarter. The company suffered an after-tax charge of $12 million due to the money the company has been shelling out to investigate and contain the breach, beef up its information security, communicate with customers and pay attorneys.
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TJX Takes $12 Million Hit in First Quarter for Data Breach
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