CheckPoint: TJX Companies The data theft that TJX Companies experienced was caused by using the Wired Equivalent Privacy (WEP) encryption system. The WEP had become easy for hackers to navigate and had become quite out of date. TJX also failed to properly encrypt data on many of the employee computers that were using the wireless network‚ and did not have an effective firewall. The company had also purchased additional security programs that were not installed correctly. An alternative to the
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articles breaking Thai taboos about public discussion of the role of the monarchy in the crisis as well as the succession. Thailand political situation is described uncertain. The crisis escalated and increasingly affected the economy. ZEN Department Store can lose some revenue due to the tourist segment that scare to travel to Thailand. Also this incident might draw lot of investors out from Thailand too. Economic Refer to World Bank‚ its forecast for Thailand’s 2008 GDP growth to 5% from the previous
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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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Jean Fanuchi manager of a moderately large department store was worried. Shrinkage in the costume jewelry department had continued to rise for the third consecutive month. In fact this time it had nearly wiped out the department’s net profit in sales. Worse it couldn’t be attributed to damage or improper handling of markdowns or even to shoplifting. The only possibility was in-house theft. Fanuchi ordered chief of security Matt Katwalski to instruct his security people to keep a special eye
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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 use wireless networks to transmit data throughout the stores main computers
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Mexican Department Store Industry The department store industry in Mexico functions just like the majority of department stores around the world. They target the middle to upper class people with money to spend on popular brands‚ food and entertainment. While the department store chains in many countries tend to focus on one line of products (e.g.‚ clothing)‚ the department stores in Mexico have diversified products and services that helps to decrease direct competition‚ but it also makes it more
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Chap 13 44 1.4 100 1.3 110 1.3 110 0.8 85 1.2 105 1.2 105 1.1 120 0.9 75 1.4 80 1.1 70 1.0 105 1.1 95 A sample of 12 homes sold last week in St. Paul‚ Minnesota‚ is selected. Can we conclude that‚ as the size of the home (reported below in thousands of square feet) increases‚ the selling price (reported in $ thousands) also increases? * Compute the coefficient of correlation. * = [12(1344) – (13.8)(1160)]/12(16.26) – (13.8)2][12(114850)
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part of what they called “familia” . Then after that she fighted for her life ‚ but in the inside she was scared and terrified of what could of happened. One night Eva and girl named Sindy go to a convenience store ‚ when all of a student a drive by happens ‚ it was Eva’s boyfriend Paco intending to kill a student named Grant rice . Accidently misses killing Sindy ’s boyfriend . Eva has to testify in court what happened since
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on a product or service for the TJX Corporation? Utilizing one company gives all students a common reference point for discussing how a business works. The TJX Corporation is an ideal corporate partner because they believe in the Northeastern mission of juxtaposing academic material with the real world of work. Accordingly‚ they have generously donated the time of many of their top executives who come to campus to share their business expertise. In addition‚ the TJX corporate umbrella covers three
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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 the hackers to attack specific stores just by using a laptop and an antenna which permitted the thieves access to the central database. As it was mentioned in the business case‚ TJX was
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