Hackers stole information for more than 5 million credit and debit cards used at Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores. Hudson’s Bay Company, which owns the retail chains, confirmed the breach Sunday, and said it has „identified the issue, and has taken steps to contain it.<\/b>
\nHackers stole information for more than 5 million credit and debit cards used at Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores. (File Photo)
Hackers stole information for more than 5 million credit and debit cards used at Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores.
Hudson\u2019s Bay Company, which owns the retail chains, confirmed the breach Sunday, and said it has \u201cidentified the issue, and has taken steps to contain it.\u201d
\u201cOnce the Company has more clarity around the facts, it will notify customers quickly and will offer those impacted free identity protection services, including credit and web monitoring,\u201d Hudson\u2019s Bay said in a press release.
The company added that the cards were used for in-store purchases, and there is \u201cno indication\u201d online purchases were affected. Hudson\u2019s Bay said it\u2019s cooperating with law enforcement in an ongoing investigation.
A cybersecurity firm called Gemini Advisory identified the breach and posted a blog post detailing its scope. The \u201cattack is amongst the biggest and most damaging to ever hit retail companies,\u201d according to the firm.
Gemini Advisory said a hacking syndicate put credit and debit card information it obtained from the hack up for sale on the dark web last week.
A \u201cpreliminary analysis\u201d found credit card data was obtained for sales dating back to May 2017, according to the post. The breach likely impacted more than 130 Saks and Lord & Taylor locations across the country, but the \u201cmajority of stolen credit cards were obtained from New York and New Jersey locations.\u201d
The hackers were also behind notorious data breaches that affected companies including Whole Foods, Chipotle, Omni Hotels & Resorts and Trump Hotels, Gemini Advisory said.
Trademark and Copyright 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.
Filed in: News
Topics: hackers<\/p>\n

\n

Similarity rank: 26<\/div>\n

Sentiment rank: -0.2<\/div>\n

<\/div>\n

TW posts: 1<\/div>\n

TW reposts: 0<\/div>\n

TW likes: 1<\/div>\n<\/div>\n