theft at TJX Companies is considered one of the worst ever. The case is significant because of a lack of appropriate security and control. Resources: Ch. 7 & 12 of Essentials of Management Information Systems Answer the following questions in 200 to 300 words: • List and describe the security controls in place. Where are the weaknesses? • What tools and technologies could have been used to fix the weaknesses? • What was the business effect of TJX’s data loss on TJX‚ consumers
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Security controls enable organizations to have a measuring stick where they can assess the effectiveness of their practical and operational security statements and controls against industry standards. These security controls act as guidelines to check the organization’s security statements for their maturity and capabilities. Security controls also provide a model framework in order to create a Gap assessment‚ enable the focus on remediation planning‚ and increase the awareness and interest of the
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Information Technology security controls. The three most common are: physical‚ technical‚ and administrative controls; however‚ many organizations break down administrative controls into two separate categories: procedural and legal controls. "Security controls are the means of enforcing security policies that reflect the organization’s business requirements‚ " (Johnson). Security controls are implemented to guarantee the information security C-I-A triad. Furthermore‚ security controls fall into three types
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contributors to the increase in security breaches for companies and organizations. Pressure is put on businesses and credit card companies to minimize the security issues. The credit card companies push the liability of loss onto the business who allow the breach; thus doubling the individual company’s expenses for security and having to reimburse the consumer’s losses. The uncertainty raises consumer questions on who to trust with credit card purchases. The TJX Cos. Inc. security breach was the largest
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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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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
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List of Words that Describe Behavior If you are making a list of words that describe behavior‚ you might sort them according to the different kinds of behavior. People behave differently at home than at work‚ and in the company of certain people. Let’s look at different types of behavior and some words that describe them. List of Words That Describe Behavior in Social Situations Many things can affect behavior: * Your mood * The people that you are around * Things that happen to you
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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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