Tjx Companies Essay

417 Words2 Pages
List and describe the security controls in place. Where are the weaknesses? The reason the credit card data theft that TJX Companies experienced happened because they were using WEP wireless security, which is the weakest form of wireless encryption today, and hackers could access the credit card data easily. The problems were that their kiosk computers were not well-secured, and TXJ firewalls did not guard against dangerous traffic that these computers brought in. Along with this, TXJ used WEB encryption systems, which have encryption that is relatively simple and easy for hackers to access. TXJ did not buy the right firewall or install it in the right way, and many of their wireless computers did not use either a firewall or any other data encryption. What tools and technologies could have been used to fix the weaknesses? The TXJ organization could have done plenty of things to better handle their security problems. They should have upgraded their kiosk computer security, since those computers could directly access the internal networks that their company relied upon. They should have installed firewalls to keep malicious traffic from these kiosks from accessing the rest of the company's network. They also could have used a Wi-Fi protected access (WPA) standard as a security tool, which uses encryption that is more complex to prevent giving access to any hackers. TXJ could have installed firewalls and data encryption on the computers that it used on a wireless. They also should have made sure that their firewall software was installed correctly to prevent security weaknesses. What was the business effect of TJX’s data loss on TJX, consumers, and banks? The hacking and theft of the credit card data of TJX Companies was a severe loss to the company and to their customers, seriously tarnishing the company’s reputation. With the lawsuits and insurance claims,
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