Sunday, May 6, 2007

A 13B company with weak security

clipped from www.cgisecurity.com

"A wireless network that employed less protection than many people use on their home systems appears to be the weak link that led TJX Companies, the US-based retailing empire, to preside over the world's biggest known theft of credit-card numbers.

Despite a market capitalization of almost $13bn, it appears the company couldn't afford to secure its Wi-Fi network with anything more robust than the woefully inadequate Wired Equivalent Privacy protocol.

According to a front-page article in today's Wall Street Journal, the nonfeasance allowed hackers to use a simple telescope-shaped antenna and a laptop to intercept data flowing through a Wi-Fi network used at a Marshalls discount clothing store near St. Paul, Minnesota."
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