[Dataloss] follow-up: TJX's Projected Breach Costs Increase to $216M
security curmudgeon
jericho at attrition.org
Thu Nov 15 07:51:51 UTC 2007
---------- Forwarded message ----------
From: InfoSec News <alerts at infosecnews.org>
http://www.eweek.com/article2/0,1895,2216942,00.asp
By Evan Schuman
eWeek.com
November 14, 2007
Court filings have estimated that the data from some 96 million credit
cards was accessed during the incidents.
In a footnote in its Nov. 13 earnings announcement, TJX increased its
estimate of pre-tax charges for the world's worst credit card data breach
to $216 million. Back in August, it had projected only a $168 million
pre-tax hit.
The data breach consisted of extensive cyber-thief activity within TJX's
network from 2003 through June 2004 and then again from mid-May 2006
through mid-December 2006, TJX said. Court filings have estimated that the
data from some 96 million credit cards was accessed during the incidents.
[..]
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