Introduction Virtually every business today uses at least one form of computer information technology. Business firms use computers to automate and assist in managing everything from operations‚ sales‚ finance‚ and logistics. Internal databases and intranets are used for internal controls and organizations are connected via the internet to conduct sales‚ marketing and many other communications and transactions. Electronic business‚ or e-business‚ is dominating modern markets and the business world
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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 TJX companies had very little security measures in place‚ and even the ones they had were mostly outdated.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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TJX corporate systems had poor security controls. The computer kiosks that were located in some of their stores were supposed to be secure. They also had some firewall protection. TJX wireless network was protected by WEP encryption system. The computer kiosks were poorly secured; the kiosks were accessible from the back which made them vulnerable to tampering. The computer firewalls set up did not block malicious traffic coming from the kiosks. The wireless network used an old encryption
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Description In January of 2007 the parent company of TJMaxx and Marshalls known as TJX reported an IT security breach. The intrusion involved the portion of its network that handles credit card‚ debit card‚ check‚ and merchandise return functions. Facts slowly began to emerge that roughly 94 million customers’ credit card numbers were stolen from TJMaxx and Marshalls throughout 2006. It was believed that hackers sat in the parking lots and infiltrated TJX using their wireless network. Most retailers
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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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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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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 had
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Case Name: 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
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HBR Case Study Security Breach at TJX 1. What are the (a) people‚ (b) work process and (c) technology failure points in TJX’s security that require attention? While it is known that all retailers‚ large and small‚ are vulnerable to attacks‚ several factors including people‚ work process‚ and technology require attention so as to prevent another major attack from hitting TJX. The people associated with the attack who need attention are the top-level executives and‚ more importantly‚ the Payment
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Identify & describe the failure points in TJX’s security that requires attention (including‚ but not limited to: People‚ Work Process‚ and Technology)? After analyzing the Ivey case on TJX data fiasco‚ I would say there were three major failure points that caused this $168MM financial hit to the corporation. • Technology: it is obvious that TJX had several technology deficiencies mainly driven by systems limitations and vulnerability. For example‚ inadequate wireless network security allowed
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