TJX to Pay Up to $24 Million for Data Breach

Discount retailer TJX Cos. said it will pay up to $24 million as part of a settlement with MasterCard over a security breach that put credit card data for tens of millions of shoppers at risk. The parent of the T.J. Maxx and Marshalls clothing chains said the pre-tax payout will go to MasterCard issuers worldwide that issued cards potentially affected by computer breaches.

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