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TJX settles for $525K with four banks over breach
Posted on September 3rd, 2009 No commentsTJX, which announced a then-record data breach in January 2007, has settled with the final four banks suing the discount merchant.
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TJX settles for $525K with four banks over breach -
What You Must Know About Data Breaches
Posted on September 1st, 2009 No commentsLast year at least 650 organizations reported being the victims of data breaches, and the number continues to rise. According to the latest research from the Ponemon Institute, only 36% of C-level executives are confident their organizations won’t suffer data breaches in the next 12 months.
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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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