Wave Systems Corp. (fka WAVXQ)

[Snackman]

April 3, 2008


I wonder how much it would have cost them to buy computers with FDEs?
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TJX may settle data breach claim

Discount retailer TJX Cos. could pay as much as $24 million in a settlement with MasterCard Inc. over a massive breach that exposed tens of millions of payment card numbers to hackers.

The TJX agreement, which follows a similar $40.9-million pact in November with Visa Inc., hinges on banks that issue MasterCards agreeing to waive rights to sue TJX in exchange for being paid for breach-related costs.

Issuers of at least 90% of the MasterCard accounts identified as possibly being compromised in the breach must approve the agreement by May 2 for the settlement to take effect, MasterCard and TJX said.


http://www.latimes.com/business/la-fi-briefs3apr03,1,3075559.story