January 18, 2007
TJX Cos., operator of T.J. Maxx and Marshalls discount stores, said
Wednesday its computer systems were hacked late last year and customer
data has been stolen.
The company said the full extent of the intrusion is not yet known, but
it is conducting a full investigation.
The hackers broke into a system that handles credit and debit card
transactions, as well as checks and merchandise returns for customers in
the U.S., Puerto Rico, and may also involve customers of T.K. Maxx
stores in the U.K. and Ireland.
The break-in was discovered in mid-December, but was kept confidential
upon the request of law enforcement officials.
TJX said it has hired General Dynamics Corp. and IBM Corp. to upgrade
its security system.
Shares of TJX fell 22 cents to close at $29.63 on the New York Stock
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