Data Security is Serious Business. TJX, the company that owns TJ Maxx and other subsidiaries, gets hit with a $2.5M fine for data breaches of 100 million consumer credit card records that occurred in 2005-2006.
TJX did not admit any wrongdoing but agreed to implement industry standard data security practices. The real damage done, however, despite the fact that $2.5M is more than a slap on the wrist, is to TJX's "reputation value." I believe there may have been a (class action) lawsuit as well.
In short, data security is serious business and even small companies need to start paying attention.
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