11 Charged In TJX, Other Breaches

11 Charged In TJX, Other Breaches - Via Slashdot: Your Rights Online:

coondoggie writes "The Justice Department has charged 11 people in connection with the massive theft of credit card numbers from various retailers, including TJX, BJs and OfficeMax. Authorities say the group charged was involved in the theft of more than 40 million credit and debit card numbers. In an indictment returned today by a federal grand jury in Boston, Albert 'Segvec' Gonzalez, of Miami, was charged with computer fraud, wire fraud, access device fraud, aggravated identity theft, and conspiracy for his role in the scheme. Others indicted are from the US, Estonia, China, and Belarus." --- We've been following the TJX breach since the beginning.

(Read Original Article - Via Slashdot: Your Rights Online.)


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Over-reaction

MacRonin: Careful reading of the indictments show that the media, card issuers and Federal Trade Commission over-reacted to the TJX incident. TJX was not as bad as we were led to believe. --Ben Wright http://legal-beagle.typepad.com/wrights_legal_beagle/2008/08/credit-card-iss.html

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