TJX

Investor, TJX settle suit over data theft

Hiawatha Bray reports: TJX Cos., which owns the T.J. Maxx and Marshalls discount retail chains, has settled an investor lawsuit related to the theft of millions of its customers’ credit card numbers. The Louisiana Municipal Police Employees’ Retirement System, which holds shares of TJX stock, alleged that members of the TJX board of directors...

TJX Accomplice Sentenced to 7 Years in Prison

Kim Zetter reports: A hacker who helped TJX hacker Albert Gonzalez and others gain access to corporate networks was sentenced to 7 years and one day on Monday . Christopher Scott, 27, pleaded guilty to breaching the wireless access points of several retailers between 2003 and 2007 to siphon credit and debit card numbers,...

TJX settles banks’ lawsuit

The Associated Press reports that TJX has settled TJX said it has paid $525,000 to settle claims by some banks about costs they incurred as a result of the retailer’s massive data breach. Other banks — AmeriFirst Bank, HarborOne Credit Union, SELCO Community Credit Union and Trustco bank – have dropped their respective claims...

Gonzalez pleads guilty, sentenced to 15-25 years

The Associated Press has reported that Albert Gonzalez has agreed to plead guilty to conspiracy, wire fraud and aggravated identity theft charges. Under a plea agreement with federal prosecutors filed in Boston on Friday, Albert Gonzalez would serve a sentence of 15 to 25 years after pleading guilty to a 19-count indictment. He would...

Hacking kingpin negotiating plea deal with feds

The former government informant facing three separate indictments for allegedly being behind the largest data breaches in U.S. history is being offered a plea deal, U.S. and defense attorneys confirmed today. The plea negotiations with Albert Gonzalez, 28, of Miami, Fla., who was indicted Monday for the third time in connection with major data...