In two unrelated Federal Trade Commission actions, discount retailer TJX and data brokers Reed Elsevier and Seisint have agreed to settle charges that each engaged in practices that, taken together, failed to provide reasonable and appropriate security for sensitive consumer information. The settlements will require that the companies implement comprehensive information […]

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‘Malware’ stole Hannaford data
By Ross Kerber, Globe Staff  |  March 28, 2008
A massive data breach at Hannaford Brothers Cos. was caused by a “new and sophisticated” method in which software was secretly installed on servers at every one of its grocery stores, the company told Massachusetts regulators this week.
The unauthorized intrusion the […]

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Apr 04 2008 : TJX has reached a US$24 million settlement agreement with MasterCard for data security breach losses suffered by MasterCard issuers worldwide. The TJX payment is to support an “Alternative Recovery Program,” which will compensate issuers for operational expenses and fraud losses linked to the TJX data breach. […]

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Payment-card security rules that keep customer credit and debit card information from falling into the wrong hands are becoming a contentious issue as debate over anticipated Payment Card Industry (PCI) standards and their impact heats up.
Payment-card security rules that keep customer credit and debit card information from falling into the wrong hands are becoming a […]

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By Ross Kerber, Globe Staff  |  October 27, 2007TJX Cos. now meets credit card security rules, a company spokeswoman said yesterday, putting the Framingham retailer among a growing number of companies catching up with a Sept. 30 deadline to tighten how they handle consumer information.
Credit card security compliance by the nation’s largest companies has risen […]

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With Key Deadlines Looming, Companies Embrace Risk Mitigation in PCI DSS Compliance Efforts
Research Reveals Protecting Credit Card Data has Become a High Priority for Businesses; Significant Challenges Still Exist, and Vary By Geographic Region, Industry
BEDFORD, Mass. — With initial deadlines for industry compliance set for September 30th, RSA, The Security Division of EMC (NYSE: EMC), […]

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