Personal Finance 

TJX Cos System Compromised, 47.5M Identities Stolen

Email  Print Print  

Forty five million, seven hundred thousand. That’s how many, at the very least, credit card and debit card numbers were stolen from the systems of TJX Cos! Last December, they discovered “suspicious software” on their systems and traced the first intrusion back to July 2005. Thieves (don’t call them hackers, that’s so 1995) had access to data for over a year and stole at least 45.7M, though the actual number is unclear. Why? Well TJX deleted old data so they don’t know about all the cards they once knew about plus they held driver’s license information on customers who returned stuff without their credit cards.

What can you do to prevent this sort of thing? Are we going to see rotating credit card numbers (like SecureID fobs) that are valid for a minute or two? What about more and more people moving to paying cash for everything? I wish these people would just get an honest job so they can look into the eyes of their kids and not feel guilty.

Source: CNN Money

{ 3 comments, please add your thoughts now! }

Related Posts

RSS Subscribe Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.

3 Responses to “TJX Cos System Compromised, 47.5M Identities Stolen”

  1. KMC says:

    What I think is great about this story is that it bubbles back up in the news cycle every few months because TJX keeps uncovering a larger and larger number of compromised accounts.
    It’s still not clear to me exactly what data was compromised.

  2. dong says:

    The problem with credit card information is that it’s completely useable without any other piece information than the information that’s on the credit card and stored by the retailers. I’d be happier if all transaction required a pin confirmation or hardware dongle. That way I’d have one option for shopping in person and another for online, but neither would be useable without either my physical presence or my implicit knowledge.

    Though on the other hand, I’m not really a worrier. If the problem was truly bad, the credit card companies would be much more on top of this. It’s my social security information that i really don’t want to lifted. Credit card number theft – an annoyance -identity theft now that a major pain in the ass.

  3. Andrew says:

    Honest job? Are you referring to the id thieves, or the folks a TJM? 😉

Please Leave a Reply
Bargaineering Comment Policy

Previous Article: «
Next Article: »
Advertising Disclosure: Bargaineering may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.
About | Contact Me | Privacy Policy/Your California Privacy Rights | Terms of Use | Press
Copyright © 2016 by All rights reserved.