TK Maxx hit by 'largest credit card scam'
At least 45.7 million customers of US retailer TJX, which owns UK outlet TK Maxx, have had their bank card details stolen by computer hackers.US watchdogs were told that the information was taken from TJX's computer systems in Watford, Hertfordshire, and Massachusetts, but the firm has revealed it did not know how many of the customers affected were from the UK and Ireland. In what is thought to be the largest credit card scam in the world, hackers first accessed TJX's systems in July 2005. However the group asserts that no customer data was stolen after December 18th last year."We suspect that customer data for payment card transactions at TK Maxx stores in the UK and Ireland has been stolen," said the company. It added: "We suspect that these files contained payment card transaction data, some or all of which could have been unencrypted and unmasked."The company is urging its customers in the UK and Ireland to carefully check their bank accounts to detect any fraudulent activities and has set up a helpline for any concerned customers.
Share this..
Related stories
CBI demands introduction of a job suspension scheme
The Confederation of British Industry (CBI) has today stepped up its campaign for government assistance in the employment market. Introducing a potentially revolutionary idea to the UK employment market, the CBI wants an alternative to redundancy scheme introduced which would see companies are allowed to suspend employee's contracts for up to 6 months.
During this period, employees...
Cadbury investor could bail out at 820p a share
Unofficially it is believed that at least one of Cadbury's top-10 institutional shareholders would consider an offer in the region of £8.20 a share for the UK chocolate maker. This comes just hours after Cadbury issued a relatively upbeat trading statement although on reflection some analysts are concerned that the upbeat statement may just be a little shy of what is required to beat off the pote...
Read MoreFourth-quarter economic data disappoints market
While strictly speaking the UK economy has now moved out of recession, unless the figures released by the Office for National Statistics are amended down over the next few weeks, the improvement of 0.1% was far short of the 0.4% expansion expected by analysts. This indicates that the UK economic upturn is far weaker than even the most pessimistic of analysts had expected and a small revision by th...
Read MoreMiddle England is the new battleground
Ed Miliband, the new leader of the Labour Party, has been very vocal with regards to the so-called "squeeze middle" which in effect is the middle classes in the UK who are being squeezed by UK government spending cuts, tax rises and benefit reductions. As a consequence, many believe that Middle England will be the new battleground for future political power in the UK with Ed Miliband already makin...
Read MoreUnite union calls off strike ballot
In a sign of the times it was revealed today that the Unite union has called off the forthcoming ballot for a third round of industrial action against British Airways. This comes only hours after British Airways tabled a new proposal for the Unite union to consider which many hope will see the end of this disastrous and highly destructive period of industrial action. So are both sides willing to c...
Read More