**"Stolen Silence: The TJX Information Leak Case (2003-2006) "**
In 2007, a report released by TJX Companies revealed that more than 45 million credit card information had been compromised between 2003 and 2006. The cause was a vulnerability in the company's wireless network. At the time, TJX was using older encryption technology, which hackers exploited to gain entry. They collected customer information from the payment system and traded it on the back market.
The incident caused TJX to suffer a significant loss of credibility and approximately $256 million in compensation and legal action. One of the main perpetrators was arrested in 2008 and sentenced to 20 years in 2010, but it was difficult to restore trust in the company. After the incident, TJX took steps to strengthen its security, but the company took a backward step.
This incident demonstrated the need for companies to adopt the latest security technology and to thoroughly manage their payment systems. Information protection is not just an obligation; it is the foundation of corporate trust.
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