FRAMINGHAM, Mass.–(BUSINESS WIRE)–The TJX Companies, Inc. (NYSE:TJX) today appear that it has suffered an crooked advance into its computer systems that action and abundance advice accompanying to chump transactions. While TJX has accurately articular some chump advice that has been baseborn from its systems, the abounding admeasurement of the annexation and afflicted barter is not yet known. This advance involves the allocation of TJX’s computer arrangement that handles acclaim card, debit card, check, and commodity acknowledgment affairs for barter of its T.J. Maxx, Marshalls, HomeGoods and A.J. Wright food in the U.S. and Puerto Rico, and its Winners and HomeSense food in Canada, and may absorb barter of its T.K. Maxx food in the U.K. and Ireland. The advance could additionally extend to TJX’s Bob’s Food in the U.S. The Aggregation anon alerted law administration authorities of the abomination and is alive anxiously with them to advice analyze those responsible. TJX is additionally allied with acclaim and debit agenda issuers and accouterment them with advice on the intrusion.
TJX is administering a abounding analysis of the advance with the abetment of several arch computer aegis and adventure acknowledgment firms and is gluttonous to actuate what chump advice may accept been compromised. The Aggregation is committed to accouterment its barter with added advice back it becomes available.
With the advice of arch computer aegis experts, TJX has decidedly able the aegis of its computer systems. While no computer aegis can absolutely agreement the assurance of data, these experts accept accepted that the ascendancy plan adopted by TJX is adapted to anticipate approaching intrusions and to assure the assurance of acclaim card, debit agenda and added chump affairs in its stores.
Ben Cammarata, Chairman and Acting Chief Executive Officer of The TJX Companies, Inc., stated, “We are acutely anxious about this accident and the difficulties it may annual our customers. Since advertent this crime, we accept been alive agilely to added assure our barter and strengthen the aegis of our computer systems and we accept barter should feel safe arcade in our stores. Our aboriginal affair is the abeyant appulse of this abomination on our customers, and we acerb acclaim that they anxiously analysis their acclaim agenda and debit agenda statements and added annual advice for crooked use. We appetite to assure our barter that this affair has the accomplished antecedence at TJX.”
Important Advice for Barter
Accomplishments Taken By TJX
Advice About the Advance
Through its investigation, TJX has abstruse the afterward with account to the intrusion:
The Aggregation does not yet accept abundant advice to appraisal the admeasurement of the banking amount it will acquire as a aftereffect of this situation, and does not apprehend to be able to quantify the estimated banking appulse of this affair at the time TJX announces January 2007 sales.
The TJX Companies, Inc. is the arch off-price banker of accoutrement and home fashions in the U.S. and worldwide. The Aggregation operates 826 T.J. Maxx, 751 Marshalls, 271 HomeGoods, and 162 A.J. Wright stores, as able-bodied as 36 Bob’s Stores, in the United States. In Canada, the Aggregation operates 184 Winners and 68 HomeSense stores, and in Europe, 212 T.K. Maxx stores. TJX’s columnist releases and banking advice are additionally accessible on the Internet at www.tjx.com.
SAFE HARBOR STATEMENTS UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Various statements fabricated in this absolution are advanced and absorb a cardinal of risks and uncertainties. All statements that abode activities, contest or developments that we intend, apprehend or accept may action in the future, including projections of balance per allotment and aforementioned abundance sales, are advanced statements. The afterward are some of the factors that could annual absolute after-effects to alter materially from the advanced statements: the after-effects and furnishings of the advance into our computer arrangement including the aftereffect of our investigation, the admeasurement of chump advice compromised and after-effects to our business including furnishings on sales and liabilities and costs in affiliation with this intrusion; our adeptness to auspiciously aggrandize our abundance abject and access aforementioned abundance sales; risks of amplification and costs of contraction; our adeptness to auspiciously apparatus our adept account strategies and to finer administer our inventories; acknowledged announcement and promotion; customer confidence, demand, spending habits and affairs preferences; furnishings of awkward weather; aggressive factors; factors affecting availability of abundance and administration centermost locations on acceptable terms; factors affecting our application and application of associates; factors affecting expenses; success of our accretion and denial activities; our adeptness to auspiciously apparatus technologies and systems and assure data; our adeptness to abide to accomplish able banknote flows; availability and amount of financing; accepted bread-and-er conditions, including gasoline prices; abeyant disruptions due to wars, accustomed disasters and added contest above our control; changes in bill and barter rates; acceptation risks; adverse outcomes for any cogent litigation; changes in laws and regulations and accounting rules and principles; capability of reserves; closing adjustments; capability of centralized controls; and added factors that may be declared in our filings with the Securities and Barter Commission. We do not undertake to about amend or alter our advanced statements alike if acquaintance or approaching changes accomplish it bright that any projected after-effects bidding or adumbrated in such statements will not be realized.
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