TJX To Pay Up To 40.9 Million For Data Breach

TJX To Pay Up To 40.9 Million For Data Breach

TJX will be paying as much as 40.9 million in a settlement with Visa and the bank that processes their credit card payments , says the Associated Press.

The funds will be used to help U.S. credit card issuers such as banks recover costs related to the breach, which may have exposed more than 100 million cards to potential fraud, TJX said.