Fergie's Tech Blog

Customer Data Stolen in TJX Hack Used in Frauds, Banks Report

An AP newswire article, via SiliconValley.com, reports that:

Customer data stolen by computer hackers from TJX Cos. has been used to make fraudulent debit card and credit card purchases in the United States and overseas, the Massachusetts Bankers Association said Wednesday.

The fraudulent purchases have been made in Florida, Georgia, and Louisiana, and overseas in Hong Kong and Sweden, the association said.

Nearly 60 banks have reported they've been contacted by credit and debit card companies about compromised cards, the association said. The number is likely to grow because less than half of the association's 205 banks have reported to it on the issue.

The association said banks are notifying customers about fraudulent purchases, and reissuing cards, in some cases.

TJX, operator of T.J. Maxx and Marshalls discount stores, did not immediately respond to a request for comment.

posted by Fergie @ 1/24/2007 04:32:00 PM