So the latest announcement concerning a customer data breach was issued yesterday by TJX the parent company of TJ Maxx, Marshalls, HomeGoods and other retail stores. Unlike other recent incidents at the Veteran’s Affairs Office and the UCLA, this one has more of a potential to hit home.
The company indicated in this CNET article that even though the incident occurred in mid-December, it was announced in January at the request of law enforcement authorities. The article further points out the initiatives TJX is taking to address the issues for consumers caused by this breach.
While there is excellent technology to help prevent intrusions, security breaches are always an ongoing threat as we try to keep ahead of the criminals. Where identity verification and knowledge based authentication comes into play is the technologies ability to protect consumers from becoming further victims by someone using their illegally obtained information.