[Dataloss] [update] Massachusetts Bankers Association Responds to TJX Companies Data Breach

[Dissent]

Press release:
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070118005947&newsLang=en


The Massachusetts Bankers Association (MBA) said today that in
addition to VISA USA, now MasterCard is contacting Massachusetts banks
to report that some of their customers’ personal banking information
may have been compromised due to the data breach reported by TJX
Companies yesterday. Bay State banks are acting quickly to protect
customers who have been red-flagged by the two card associations after
doing business with TJX stores including TJMaxx, Marshalls, Winners,
HomeGoods, TKMaxx, AJWright, and HomeSense.

After surveying its banks, the MBA is reporting that thus far 28 banks
have been contacted by the card associations indicating that some of
their card holders have had personal information that may have been
exposed due to the TJX data breach. The MBA is cautioning, however,
that the number is likely to grow higher as, thus far, only 48 out of
205 banks in Massachusetts have reported in to the Association.

In addition, the MBA is questioning the TJX’s self-characterization as
being “victimized” by the intrusion in a news release issued yesterday
by the retailer.

Daniel J. Forte, CEO and president of the MBA said, “We think it’s a
little odd that they would characterize themselves as victims when it
appears that they may have been capturing data that is unnecessary.”

[...]

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