[privacy] TJX Takes $12 Million Hit in First Quarter for Data Breach

["Fergie" <fergdawg () netzero net>]

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Via CIO.com.

[snip]

The TJX Companies, whose computer systems containing customer credit and
debit card information had been hacked, said the impact of that data breach
showed up in the discount retailer's earnings for the first quarter.

The company suffered an after-tax charge of $12 million, or 3 cents per
share, due to the money the company has been shelling out to investigate
and contain the breach, beef up its information security, communicate with
customers and pay attorneys.

[snip]

...and it ain't over yet, not by a long shot.

More:
http://www.cio.com/article/109959/TJX_Takes_Million_Hit_in_First_Quarter_fo
r_Data_Breach

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg(at)netzero.net
 ferg's tech blog: http://fergdawg.blogspot.com/

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