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 It was completely out of date and did not encrypt anything within the company‚ which made it more vulnerable.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 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 TJX companies had very little security measures in place‚ and even the ones they had were mostly outdated.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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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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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‚ consumers
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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 The WEP had become easy for hackers to navigate and had become quite out of date.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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Communications of the 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
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1. List and 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
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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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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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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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