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TJX takes $118m hit over massive security breach

Chris

Where's my $2.60 f'ers 

The inconvience of me having to check my credit report and bank statements periodically for over a year is only worth $2.60? Not to mention the financial losses from compromised cards? Way to go morons.

While I loathe Citigroup, at least they're good at setting aside billions for legal oopsies.

kain preacher

Title 

TJX should have to pay the cost of re issuing the bank cards that the finical institutions had absorb .

Chris

Not good enough! 

Where is the record fine that would make TJX an example and warning to the rest of the business world to wake up to realities in dealing with *our* sensitive electronic data in the 21st Century??

Oh, yeah sorry I forgot this is the US where business is given free reign...

Stu

Justice is 'barely' served. 

Well its nice to know they'll suffer serious losses due to their negligence. I'm not being malicious, just that justice is served.

A question for the other commenters - Who here has shopped at TK Maxx since they heard about this in January? Or have shopped there but used cash?

I haven't, and probably never will. I would bet the remaining shoppers are all the people who simply don't keep up on news stories, plus those who are glutton for punishment - I still wouldn't trust them to have not lost more cards since Jan.

@Chris - The UK is just the same. Business seems more important to government than providing for hospitals, police, other emergency services, road conditions etc.

Chris

@Stu 

I disagree. We have the all-powerful Information Commissioner and his side-kick the FSA which have UK business quivering in their boots.

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