re: #51 ObserverArt
I wonder how much it has and now will further hurt their business? I doubt any info on that will be out soon.
TJX/ Marshalls had a similar breach back in 2007
The company incurred costs of more than $250 million as a result of the security breach, which went toward covering lawsuits, investigations and improvements to its tech infrastructure. Although a significant amount of money, it’s still a drop in the bucket compared to TJX’s $18.6 billion in sales in the 2007 fiscal year, an increase of 7% from the previous year. The company’s revenue has continued to grow since then and topped $25 billion in 2012.