"What was the business effect of tjx s data loss on tjx consumers and banks" Essays and Research Papers

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    TJX- SECURITY BREACH MGSC 6201-02 INDUSTRY/COMPANY CONTEXT: TJX Companies‚ based in Framingham‚ MA‚ was a major participant in the discount fashion and retail industry. The TJX brand had presence in the United States as well as in Canada and Europe. In mid-2005‚ investigators were made aware of serious security breaches experienced in TJX’s credit card system. These breaches were first found at a Marshall’s located in St Paul‚ MN in which the hackers implemented a “war driving” tactic to steal

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    Tjx Companies

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    TJX corporate systems had poor security controls. The computer kiosks that were located in some of their stores were supposed to be secure. They also had some firewall protection. TJX wireless network was protected by WEP encryption system. The computer kiosks were poorly secured; the kiosks were accessible from the back which made them vulnerable to tampering. The computer firewalls set up did not block malicious traffic coming from the kiosks. The wireless network used an old encryption

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    Tjx Companies

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    TJX Companies  List and describe the security controls in place. Where are the weaknesses? TJX companies had very little security measures in place‚ and even the ones they had were mostly outdated. The company was using a Wired Equivalent Privacy (WEP) network encryption system. By today’s standards‚ and even at the time of intrusion‚ it is a fairly insecure system and is considered easy to hack into. Wi-Fi Protected Access (WPA)‚ a more complex encryption system‚ was already available at the

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    TJX Analysis

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    TJX‚ comprised of T.J.Maxx‚ Home Goods‚ and Marshalls‚ experienced increased sales in the year of 2012. TJX reaches out to customers not only in the United States‚ but also in Canada and Europe. It has been a long term goal for TJX to increase the diversity of their customers‚ and fortunately‚ more and more young customers have been shopping with TJX this past year. TJX is a $26 billion dollar business and CEO Carol Meyrowitz hopes to reach a $40 billion dollar goal in the near future. Sales

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    The Tjx Company

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    The TJX company did not have many security controls put in place to prevent something like this from happening. The company used Wired Equivalent Privacy encryption system to handle their client’s credit and debit card information. This system was very easy for any hacker to gain access to people’s information. It was completely out of date and did not encrypt anything within the company‚ which made it more vulnerable. They did not install firewall security correctly. TJX had purchased many other

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    Tjx Companies

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    TJX Companies Jim Blackwood IT/205 January-9th‚ 2013 Gelonda Martin TJX Companies The TJC Corporation failed to protect its customers by allowing one of the largest security breaches in history. In 2007 they announced that an unauthorized user had accessed their system and compromised over 40 million customers’ data such as credit cards‚ debit cards and personal pin numbers. TJX was using an older security protocol called WEP which had proven to be easy to access by hackers and had

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    It/205 Tjx Companies.Doc

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    credit card data theft at TJX Companies is considered one of the worst ever. The case is significant because of a lack of appropriate security and control. Resources: Ch. 7 & 12 of Essentials of Management Information Systems Answer the following questions in 200 to 300 words: • List and describe the security controls in place. Where are the weaknesses? • What tools and technologies could have been used to fix the weaknesses? • What was the business effect of TJX’s data loss on TJX

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    Tjx Companies

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    Checkpoint – TJX Companies IT/205 Joshua Bailey The credit card data theft that TJX Companies experienced happened because they were using WEP wireless security‚ which is the weakest form of wireless encryption today‚ and hackers could access the credit card data easily. If TJX had taken the time to implement a stronger encryption method‚ thousands of dollars would have been saved by the company. Proper site surveying could also have prevented the attackers from making a breach. TJX Companies

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    Checkpoint: Tjx Companies

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    CheckPoint: TJX Companies The data theft that TJX Companies experienced was caused by using the Wired Equivalent Privacy (WEP) encryption system. The WEP had become easy for hackers to navigate and had become quite out of date. TJX also failed to properly encrypt data on many of the employee computers that were using the wireless network‚ and did not have an effective firewall. The company had also purchased additional security programs that were not installed correctly. An alternative to the

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    About Tjx Assignment

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    describe the security controls in place within TJX Companies. Ans: When security upgrades are made available‚ it’s because they’re necessary‚ not because software developers have thought up some great new software gimmick. Hackers are able to bypass the old systems too easily‚ so better security is needed to keep the hackers out. TJX ignored the need for better e-security‚ and even neglected to install one particular upgrade they had purchased. 2. What management‚ organization‚ and technology factors

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