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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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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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 It was completely out of date and did not encrypt anything within the company‚ which made it more vulnerable.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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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 3 2400 stores 4
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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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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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retail ladies hosiery 1956 Stanley & Sumner Feldberg opened first discount store 1962 Company become incorporated as Zayre Corporation 1969 Purchased Hit or Miss – Upscale off-price fashion market 1977 First T.J. Maxx name stores opened in Massachusetts 1983 Chadwick of Boston – Mail order 1984 Membership warehouse Club – BJ’s Wholesale 1988 Re-organization – Zayre sold to Ames Dept. Store- TJX Companies‚ Inc 1990 Company ventured into Canada – Winners Apparel Ltd.
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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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TJX Annual Report Study Name: Siddharth Todi TJX 2013 ANNUAL REPORT QUESTIONS (Fiscal year 2014) 1. Exactly how big is TJX in revenue [Net Sales]? What is their Net Income? If the average item sells for $10 calculate how many items to they have to sell per day? How many per day per store? The Net Sales of TJX in 2013 was $27.4 billion. Their Net Income was $2.1 billion. If the average item sells for $10 then TJX will have to sell 7‚506‚849 items per day and 2332 items per day per store
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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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