Update on TJX Data Breach
Jay Fitzgerald reports for the Boston Herald on news yesterday of a class action lawsuit filed against TJX following its earlier announcement recently of breaches of customer data security - "saying the company was “negligent” for not having better computer security." More information on the lawsuit is available in this press release. TJX itself has posted on its website a letter to customers about the breach from TJX Chairman Ben Cammarata along with a video and and FAQ. TJX also reported in a filing with the SEC that Gary L. Crittenden, a member of the board of TJX, has resigned from the board. Crittenden is also Executive Vice President and CFO of American Express.
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