Bottom line impact of data breaches unclear

Monday, 16 April 2007, 12:33 AM EST

Despite the fact that unwanted exposure of consumer data has become a hot-button issue in the media and among legislators nationwide, experts admit that it remains unclear just how much damage the events will cause to the finances and reputations of companies that experience major incidents.

In the case of TJX Companies -- which admitted a massive data loss in early 2007 involving the personally-identifiable information of over 45.6 million individual consumers -- it appears that the discount retail chain's business has not yet absorbed significant interruptions.

At InfoWorld.

[ Read more ]




Spotlight

Staples customers likely the latest victims of credit card breach

Posted on 21 October 2014.  |  Multiple banks say they have identified a pattern of credit and debit card fraud suggesting that several Staples Inc. office supply locations in the Northeastern United States are currently dealing with a data breach.


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