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Jul 01
2009

9.75 million dollars - the cost of an unsecured wireless network

Posted by: Malcolm Newdick

Categorised in: Security , Business News

The US parent company of retailer TK Maxx has agreed to pay out $9.75m as the settlement for its data security breach. The security breach enabled an international gang to connect to its wireless network and access credit card details being transmitted from its tills.

It's a lot of money to pay for an unsecured wireless network, and the moral is clear. Make sure your wireless network is secure, because the damage to your bank balance and your company reputation could be severe.

If you need help or advice about your wireless network, just ask Riverbank.

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