In June 2005, BJ’s agreed to settle FTC charges alleging inadequate protection of customer information, which the agency said was used for millions of dollars in fraudulent purchases. The proposed settlement required a comprehensive security program and independent audits every other year for 20 years; the FTC said it would decide later whether to finalize it.
Sources
CHICAGO (MarketWatch) -- BJ's Wholesale Club Inc. has agreed to settle charges over an alleged failure to protect information on thousands of its customers, the Federal Trade Commission said Thursday.
Failed to encrypt consumer information when it was transmitted or stored on computers in BJ’s stores;