Visa says TJX Impacted 94 million accounts, $68MM+ in fraud
“Although TJX suggests that the breach only affected approximately 45.7 million accounts, in fact the breach during a period of 17 months affected more than 94 million separate accounts. To date, Visa has calculated the fraud losses experienced by issuers as a result of the breach to be between $68 million and $83 million on Visa accounts alone.”
Evan Schuman, quoting Visa’s Joseph Majka, in “TJX Breach More Than Twice As Bad As Had Been Reported .”
Would someone please page Willy Sutton?