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Data Breach Hits Saks Fifth Avenue, Lord & Taylor Stores


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#1 JohnC_21

JohnC_21

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Posted 01 April 2018 - 09:21 PM

A data breach at Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor has compromised the personal information of customers who shopped at department store chains.

 

A data breach at department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor has compromised the personal information of customers who shopped at the stores.

The chains' parent company, Canada-based Hudson's Bay Co., announced the breach of its store payment systems on Sunday. The company said it was investigating and taking steps to contain the attack.

The disclosure came after New York-based security firm Gemini Advisory LLC revealed on Sunday that a hacking group known as JokerStash or Fin7 began boasting on dark websites last week that it was putting up for sale up to 5 million stolen credit and debit cards. The hackers named their stash BIGBADABOOM-2. While the extent of its holdings remains unclear, about 125,000 records were immediately released for sale.

The security firm confirmed with several banks that many of the compromised records came from Saks and Lord & Taylor customers.

 



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