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 networks to transmit data throughout the stores
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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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Association for Information Systems Volume 23 | Number 1 Article 31 11-1-2008 Security Breach: The Case of TJX Companies‚ Inc. William Xu Carleton University‚ wxu3@connect.carleton.ca Gerald Grant Carleton University Hai Nguyen Carleton University Xianyi Dai Carleton University Recommended Citation Xu‚ William; Grant‚ Gerald; Nguyen‚ Hai; and Dai‚ Xianyi (2008) "Security Breach: The Case of TJX Companies‚ Inc.‚" Communications of the Association for Information Systems: Vol. 23‚ Article 31. Available
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TJX is the largest international apparel and home fashions off-price department store chain in the United States with 26 million in revenues in 2012. It was founded in 1956 as Zayre and is headquartered in Framingham‚ Massachusetts. Globally it is one of the top 50 retailers in the world‚ specializing in cheap apparel and footwear. With over 3‚000 stores today‚ we see the potential to expand our store base by over 50%‚ up to almost 4‚800 stores‚ with our current chains in our current markets alone
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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 Card Industry Data Security
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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 specific stores just by using a laptop and an antenna which permitted the thieves access to the central database. As it was mentioned in the business case‚ TJX was
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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 of ingenious cyber crooks or did it create risk by cutting corners? Kindly justify your position. Kindly make
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TJX Maxx was founded in 1976 by Bernard Cammarata‚ in Framingham Massachusetts. The original name of the company was Zayre until they sold their name and renamed themselves to the TJX Companies Incorporated. TJX is a retail store selling items like apparel‚ shoes‚ toys‚ furniture‚ and many other items. TJX has stores not only in the US‚ but also in the UK‚ Germany‚ Australia‚ Ireland‚ Austria‚ Poland and the Netherlands. Some of TJX Maxx’s largest competitors is JC Penny’s‚ Nordstrom and Isetan Holdings
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successful‚ and profitable growth year after year‚ through many types of economic and retail cycles. With over 3‚000 stores in six countries‚ approximately 179‚000 associates and a fresh e-commerce presence‚ and they are growing faster than ever (“About the TJX Companies‚ Inc.‚” 2014). Through T.J.X. Company’s innovative buying and sourcing strategies‚ they discover and deliver value for shoppers in many ways. Their goal is to provide customers with quality merchandise for the entire family‚ every day.
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Zayre sold to Ames Dept. Store- TJX Companies‚ Inc 1990 Company ventured into Canada – Winners Apparel Ltd. 1992 HomeGoods home fashions is launched 1994 Company launched United Kingdom stores – T.K Maxx 1995 Marshalls is purchased for $606 million 2001 Company launched into Canada – HomeSense Geographic’s & Tid-bits TJX Target audience - middle to upper class income shoppers AJ Wright Target audience – moderate to lower income shoppers TJX has over 3‚000 stores in the
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