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 2/10 Fair --- feeds.lexblog.com http://feeds.lexblog.com/PrivacyLawBlog
Saturday, April 19, 2008 --- 91 days ago http://feeds.lexblog.com/~r/PrivacyLawBlog/~3/270767293/
| According to a proposed settlement announced by the Federal Trade Commission (“FTC”) on March 27, 2008, discount retailer TJX will be required to implement a comprehensive information security program to remedy deficiencies in protecting sensitive consumer information. If approved, the settlement will resolve allegations that the company engaged in practices that failed to provide reasonable and appropriate security for consumer information. In addition to implementing a comprehensive security program, TJX will be required to obtain periodic security audits to provide reasonable assurances that personal information is being adequately protected. In the FTC’s action against TJX, the Commission alleged that TJX failed to prevent unauthorized access to personal information on its computer networks. These failures allowed a hacker to exploit vulnerabilities and obtain tens of millions of credit and debit payment cards used at the retailer’s stores along with personal information about approximately 455,000 consumers that returned merchandise without receipts. The FTC alleged that TJX: Created an unnecessary risk to personal information by storing it on and transmitting it between various computer networks in clear text; Did not use readily available security measures to limit wireless access to its networks, thereby allowing an intruder to connect wirelessly to its networks without authorization; Did not require the ... |
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