Impact Of Tjx Security Breach On The Economy And Industry

Essay specific features

 

Issue:

Business

 

Written by:

Kenneth J

 

Date added:

April 27, 2014

 

Level:

University

 

Grade:

C

 

No of pages / words:

2 / 287

 

Was viewed:

9032 times

 

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Essay content:

The uncertainty raises consumer questions on who to trust with credit card purchases. The TJX Cos. Inc. security breach was the largest to date and has forced the company to spend money to deal with the security problems as well as attempt to retain customers and attract new ones. In the wake of TJX’s security breach, consumers can only become reluctant to trust retailers, such as TJX, with credit card purchases...
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Globally, the problems are proof of the potential for identity theft and increases awareness. On-line retail purchasing is the most vulnerable to the issues of security and would be affected the most financially. Credit card companies in turn are impacted if the issues are not addressed creating an issue economically for all...
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