Case Name: Security at TJX Problem Statement How should the new CIO of TJX work to strengthen security around the IT infrastructure to prevent‚ detect‚ and analyze security breaches that had previously allowed hackers to steal sensitive data? Background 1 Describe the company/department 1 History 1 Founded in 1976 2 Operate 8 business under TJX 1 TJ Maxx 2 Marshalls 3 HomeGoods 4 A.J Wright 5 Bob’s Stores 6 Winners 7 Home Sense 8 TK Maxx
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of 2007 the parent company of TJMaxx and Marshalls known as TJX reported an IT security breach. The intrusion involved the portion of its network that handles credit card‚ debit card‚ check‚ and merchandise return functions. Facts slowly began to emerge that roughly 94 million customers’ credit card numbers were stolen from TJMaxx and Marshalls throughout 2006. It was believed that hackers sat in the parking lots and infiltrated TJX using their wireless network. Most retailers use wireless
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HBR Case Study Security Breach at TJX 1. What are the (a) people‚ (b) work process and (c) technology failure points in TJX’s security that require attention? While it is known that all retailers‚ large and small‚ are vulnerable to attacks‚ several factors including people‚ work process‚ and technology require attention so as to prevent another major attack from hitting TJX. The people associated with the attack who need attention are the top-level executives and‚ more importantly‚ the Payment
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the failure points in TJX’s security that requires attention (including‚ but not limited to: People‚ Work Process‚ and Technology)? After analyzing the Ivey case on TJX data fiasco‚ I would say there were three major failure points that caused this $168MM financial hit to the corporation. • Technology: it is obvious that TJX had several technology deficiencies mainly driven by systems limitations and vulnerability. For example‚ inadequate wireless network security allowed the hackers to attack
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Information Security Management Assignment 3 Assignment 3 requires you to critically review the assigned case study and write a report to address the following questions. Question 1. Kindly provide a review of the case. Question 2. What do you consider to be the points of failure in TJX’s information security? Identify and explain at least three failure points. Question 3. How should information security at TJX be improved? Identify and explain at least three priorities. Question 4. Was TJX a victim
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CASE STUDY TJX Security Breach The TJX Corporation‚ a major retailer with stores in the United States‚ Puerto Rico‚ and even the United Kingdom‚ experienced one of the largest security breaches. Millions of their customer’s credit and debit card information were stolen over a seventeen-month period. The TJX Corporation announced to the public on February 21‚ 2007 an unauthorized user had accessed their security system and the sensitive information stored in their system had been compromised
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to the increase in security breaches for companies and organizations. Pressure is put on businesses and credit card companies to minimize the security issues. The credit card companies push the liability of loss onto the business who allow the breach; thus doubling the individual company’s expenses for security and having to reimburse the consumer’s losses. The uncertainty raises consumer questions on who to trust with credit card purchases. The TJX Cos. Inc. security breach was the largest to
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TJMaxx System Breach Cormalita Uzzell 319/CIS May 6‚ 2013 Christopher Canter In January 2007‚ TJX Companies‚ Inc. issued a press release announcing that its computer systems had been breached and customer information had been stolen. Reports estimated at least 94 million Visa and MasterCard accounts had been compromised‚ with losses projected at $4.5 billion. What happened to cause the companies breach? What did the company do to insure that this would not happen again? Perhaps the company
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CASE WRITE-UP Case: Adobe Data Breach 1. About the Case On October 3‚ 2013‚ The Adobe Systems Incorporated in the United States of America discovered that there was a cyber-attack on their network during its regular monitoring of security check. The hackers made it through breaking in to the network and stole the sensitive and personal data of the customers which includes encrypted credit and debit card information‚ illegal access of customer ID ’s and also source code of other various Adobe
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Nowadays‚ security breaches are prevalent in our environment‚ both physical and logical. Different types of unauthorized access are conducted by different groups of individuals for different purposes. One good example of breach is the TJX data theft that happened sometime in mid-2005 and on subsequent dates from mid-May 2006 to mid-January 2007. The TJX data theft is considered as the largest case of intrusion of data to occur to date. According to the article‚ the data stolen by hackers were
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