TJX has taken a $12 million charge related to the data security breach that affected Winners and HomeSense in Canada.
Post Tagged with: "winners"
Banks Pull Credit Cards After Security Breach
The Toronto Star reports that three major banks – CIBC, Bank of Nova Scotia, and Bank of Montreal, are replacing thousands of credit cards in the wake of the Winners and Homesense security breach. A source says that some fraudulent purchases have been made using cards hit by the breach.
CIPPIC Files Complaint in Data Breach Case
The Canadian Internet Policy and Public Interest Clinic has filed a formal complaint with the Canadian Privacy Commissioner, requesting a formal investigation into the widely-reported security breach suffered by the Winners group of companies, and affecting consumers who shop at any Winners or HomeSense store in Canada. CIPPIC is concerned […]
Privacy Breaches Expose Flaws in the Law
My weekly Law Bytes column (Toronto Star version, homepage version) focuses on the need for Canadian privacy reform in light of last week's security breaches involving CIBC and retailer giant Winners. I note that these two incidents highlight the fragility of sensitive, personal information that is entrusted to Canadian businesses as well as the inadequacy of current Canadian privacy legislation. Business groups have cautioned against privacy law reforms, yet as the risk of identity theft grows, the calls for change are likely to become more vocal.
While the U.S. pushes forward with security breach disclosure legislation, Canadian business has argued strongly against similar reforms. The Information Technology Association of Canada, which features representatives from companies such as BCE, Telus, Rogers, Microsoft, Nortel, and Research in Motion on its board of directors, warned against mandatory notification legislation in an appearance before a parliamentary committee last month.
Privacy Breaches Expose Flaws in Law
Appeared in the Toronto Star on January 22, 2007 as Privacy Breaches Expose Flaws in Law Privacy took centre stage in Canada late last week as TJX Cos., the parent company of retail giants Winners and HomeSense, disclosed that as many as two million Canadian credit cards may have been […]