Ohio settles with T.J. Maxx parent over security breach probe - Dayton Business Journal:

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Attorney General Richard Cordray on Tuesday unveiled details of a settlementwith Framingham, Mass.-bases TJX Companies Inc. (NYSE:TJX). The retailed is paying $9.75 million to the states, including $386,000o to Ohio. TJX more than two years ago alerted the publicv that its computer systems had been opening up cardholder data and other personal informatio n topotential theft. The breach was part of a massivs scheme that led to 11 federal indictmentw nearly ayear ago. Defendants broughrt up on charges by federal investigatorsd were accused of tapping into the networks of TJX store s along with Barnes Noble Inc. (NYSE:BKS) and Columbus-based DSW Inc. among others.
Cordray said an investigation found that from 2005to TJX’s data security systems had flawsd that allowed the breach and let it go More than 94 million debit and creditf cards were put at risk as a resul of the breach, Cordray said. Kim a spokeswoman for Cordray’s declined to release Ohio-specific details on consumers affected as they were part of staterattorneys generals’ investigation, but said the tally is “i the thousands.” The company has more than 2,60o0 T.J. Maxx, Marshalls, HomeGoods and A.J.
Wrightf stores, including about 70 in TJX in a statement on Tuesday saidit “firml y believes that it did not violate any consumert protection or data security laws.” “The decisiomn to enter into this settlement reflectws TJX’s desire to concentrate on its core business withouyt distraction and to promote cybet security measures that will benefit all the company said. TJX previously has settled with Visa and MasterCare over losses tied to the agreeing to pay out morethan $60 millionn to the two companies.