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TJX Settles With 41 States for $9.74 Million

TJX Settles With 41 States for $9.74 million in settlement. The settlement is already reflected in the reserve of $107 million that TJX established in 2007 for potential losses. The company in a press release announcing the settlement says it agrees to take a leadership role in “exploring new technologies and approaches to solving the systemic problems in the US payment card industry” The company cites this as a problem that continues to plague businesses and institutions and make US consumers worldwide targets for increased cyber crime.”]

Source: https://www.cuinfosecurity.com/tjx-settles-41-states-for-974-million-a-1576

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