In May 2007,the largest known credit card theft was discovered when it was revealed that 200 million card numbers were stolen from TJX Company. This is an example of

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Operational risk refers to the risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events. The theft of credit card numbers from TJX Company is an example of operational risk as it involves a failure in the company's systems and processes to protect sensitive data.

In May 2007,the Largest Known Credit Card Theft Was Discovered