BJ's Wholesale Club Settles FTC Charges
The Federal Trade Commission announced today that BJ's Wholesale Club has agreed to settle FTC charges that it failed to take appropriate security measures to protect sensitive customer information.
According to the FTC, this information was used by an unauthorized person or persons to make millions of dollars of fraudulent purchases. The settlement will require BJ’s to implement a comprehensive information security program and obtain audits by an independent third party security professional every other year for 20 years.Details about the complaint and the consent agreement can be found on the FTC's website."Consumers must have the confidence that companies that possess their confidential information will handle it with due care and appropriately provide for its security,” said Deborah Platt Majoras, Chairman of the FTC. “This case demonstrates our intention to challenge companies that fail to protect adequately consumers’ sensitive information.”
