Posted Tuesday 4th December 2007 01:36 GMT
40 mill, that's it? #
For the love of Christ! Talk about a slap on the wrists! Those bastards should be run out of business for being that f-ing stupid. I've worked cleanup on several smaller security breaches, involving credit card theft and proportionately, that is nothing compared to the fines that are being handed down by the CPI folks, to vendors who have had problems.
One merchant I worked for spent over 100,000 dollars in fines, fees and other associated costs over 20 fraudulently utilized credit cards, that were ultimately traced back to their establishment. While the fines, in my opinion, were a little on the heavy side for such a small merchant, 40 mil is nothing for a giant like TJX. And when you look at the number of cards compromised vs the penality they received, compared to the fines that smaller merchants are getting, TJ Max is essentially getting a free pass for fucking up.
What the hell is wrong with this picture?!
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