Saturday, June 16, 2012

TJX settles with Florida, 41 states in security breach - South Florida Business Journal:

viningocouqyl1601.blogspot.com
TJX of Framingham, which is the parent of , , and Home fell victim to a data breach in late exposing tens of millions ofits customers’ personal information to potential TJX will pay $9.75 million to the participating including $524,000 to Florida, to reimburser the costs of the investigation, $5.5 million of whichu will be dedicated to data protection and consumer protectiojn efforts by the Another $1.75 million will be used to reimburse the coste and fees of the investigation. In addition, the companh must implement majorsecurity requirements. In January 2007, TJX reported that its computert systems had been hacked in late 2006 and customedr data hadbeen stolen.
In Miami, Irving Escobaer was sentenced to five years in prisonb for his role in a scam usin the stolen credit card Authorities estimated the total loss in that case tobe $3 A multistate investigation after the breach reviewed thousands of documents and uncovered “a number of vulnerabilities and flaws in TJX’ s data security systems,” accordingg to the news release. Florida has 66 TJ Maxx 71 Marshalls stores, 33 storesa and three A.J. Wright stores.

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