Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Subscribe
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Subscribe
    Home Applications
    • Applications
    • Cybersecurity
    • Networking

    TJX, FTC Settle Charges in Data Breach Case

    Written by

    Dan Berthiaume
    Published March 28, 2008
    Share
    Facebook
    Twitter
    Linkedin

      The TJX Companies, which runs discount retail brands TJ Maxx and Marshalls, has settled charges brought by the Federal Trade Commission over last year’s data security breach involving thousands of customer credit card records.

      In the settlement, announced March 27, TJX agreed to strengthen the security of its computer network to prevent future data breaches like the one last year, in which hackers stole millions of customer credit card numbers.

      Among the steps the company will take are to designate an employee or employees to coordinate an information security program; identifying internal and external risks to the security and confidentiality of personal information; assessing existing security measures; creating and implementing new measures and monitoring their effectives and developing procedures to select and monitor service providers who handle personal customer data.

      TJX has also agreed to have third-party auditors review its security measures every two years for 20 years, and to allow the FTC to monitor its compliance with the settlement.

      In a statement posted on the FTC Web site, Chairman Deborah Platt Majoras said companies who collect sensitive consumer information are responsible for keeping it secure.

      “These cases [against TJX and a separate suit against Reed Elsevier and Seisint, which served as data brokers] bring to 20 the number of complaints in which the FTC has charged companies with security deficiencies in protecting sensitive consumer information,” Majora said. “Information security is a priority for the FTC, as it should be for every business in America.”

      Joel Winston, associate director of privacy and identity protection for the FTC, said the cases against TJX and its data brokers serve as a reminder to the business community about the importance of securing customer data.

      “We are sending the message it’s not only good business, but the law,” he said.

      Officials with TJX did not return calls seeking comment. Ropes & Gray, the law firm that represented TJX in its case with the FTC, declined to comment for this article.

      In a Feb. 29 press release, TJX President and CEO Carol Meyrowitz said the company has been “certified by a qualified US payment card industry assessor as fully compliant with all Payment Card Industry Data Security Standards.”

      According to FTC officials, banks have said that fraudulent charges totaling millions of dollars were made on card numbers that were stolen, and that millions of cards were canceled, with some being reissued.

      Dan Berthiaume covers the retail space for eWEEK. For more industry news, check out eWEEK.com’s Retail Site.

      Dan Berthiaume
      Dan Berthiaume

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.