TJX Agrees to Audit of Data-Safeguard System
TJX Cos., which last year disclosed a major data-security breach, agreed to have its systems that safeguard customers' credit-card data audited every other year for the next two decades under a settlement with the Federal Trade Commission.
The FTC said the discount retailer failed to take "readily available security measures" to protect its customers' data, allowing an intruder to gain access to tens of millions of credit cards and the personal information of 455,000 consumers.
WSJ