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jdh
August 16th, 2007, 06:41 PM
TJX $118m hit over security breach

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Discount retailer of apparel and home fashions, including TJMaxx, Marshalls, Winners, HomeGoods, TKMaxx, AJWright, and HomeSense.
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TJX takes $118m hit over massive security breach
$2.60 each for exposed credit card
By John Leyden

"The funds set aside by TJX are a fraction of the $1bn-plus losses estimated by analyst firms, and much less than guesstimates from security consultancies, who have a clear axe to grind in talking up the financial impact of security breaches."

http://www.theregister.com/2007/08/16/tjx_charges/

DH