Merchant Account Blog - Straight Pass Through » TJX Companies http://www.straightpassthrough.biz Merchant Accounts Made Simple Wed, 17 Mar 2010 23:40:26 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Breaking News: Update on the TJ Maxx stores PCI Issues! http://www.straightpassthrough.biz/2008/08/05/breaking-news-update-on-the-tj-maxx-stores-pci-issues/ http://www.straightpassthrough.biz/2008/08/05/breaking-news-update-on-the-tj-maxx-stores-pci-issues/#comments Tue, 05 Aug 2008 23:43:58 +0000 John Robinson http://www.straightpassthrough.biz/?p=359 By John Robinson, of Cocard Synergy

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.

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