Breaking News: Update on the TJ Maxx stores PCI Issues!

John Robinson — Tue, 05 Aug 2008 23:43:58 +0000

They’ve nailed some of the ring that stole 45 million cards’ worth of information from TJX Companies. 11 people have been charged, and the ringleader, Albert Gonzalez, could get life in prison. Life.

And in addition to TJX, check out who else Albert’s gang targeted: BJ’s Wholesale Club, OfficeMax, Boston Market, Barnes & Noble, Sports Authority, Forever 21, Dave and Buster’s Restaurants, and DSW Inc.

Those are some big names.

Aaaaand. in addition to the $40 million that Visa fined them, TJX also settled with MasterCard for about $24 million-or a total over $60 million!

Well, I’m sure you understand the importance of security and PCI DSS compliance. If you want to read more about this breaking news, here are some links:

CNN

NY Times

Associated Press

Otherwise, if you want to start working on your own credit card security, start with this article here.

Fraud Prevention Report

Robb Lejuwaan — Fri, 21 Mar 2008 18:16:26 +0000

Cybersource which is the company that owns authorize.net has just come out with a report about web based transaction fraud. This is the eighth year they have come out with this report that includes benchmark data by company size and best practices you can use to prevent or reduce fraud.

Go here and fill out the form and they will send you and e-mail link to a .pdf version of the report.

Merchant Account Blog - Straight Pass Through » Fraud

Breaking News: Update on the TJ Maxx stores PCI Issues!

Related Posts

Fraud Prevention Report

Related Posts