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Attorney
General Gansler Reaches Settlement with TJX Companies, Inc.
Settlement Addresses Security Breaches in 2005 and 2006
BALTIMORE,
MD (June 23, 2009) - Attorney General Douglas F. Gansler
announced today that his Consumer Protection Division, along
with consumer protection agencies from 40 other States and
the District of Columbia have entered into a settlement with
TJX Companies, Inc. (TJX) concerning security breaches of TJX’s
main server that occurred in 2005 and 2006. The breaches led
to the theft of customer credit card data from 100 million
credit card transactions.
The breaches affected
the credit card information of consumers who shopped at TJX’s TJ Maxx, HomeGoods, A.J. Wright, and
Marshall’s stores. Consumers affected by these data breaches
should have already been notified by either TJX or their credit
card companies. The settlement requires TJX to implement improved
security measures to protect consumers’ credit card numbers
and other private information.
“Victims of identity theft often face serious damage to
their credit and huge hurdles in trying to repair their credit
report,” said Attorney General Gansler. “It is important
for consumers to know that TJX has agreed to take stronger measures
to ensure that customers’ private information is protected
from hackers.”
TJX denied any wrongdoing but agreed to implement new measures
to improve its data security practices and to ensure its security
practices comply with industry standards and with recommendations
made by experts in the field who were hired by the States. TJX
also agreed to make a payment to the States, including the creation
of a $2.5 million data security fund to be used for data security
initiatives.
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