Hackers Steal Data on 5 Million Cards From Saks Fifth Avenue, Lord & Taylor
JokerStash (which sells stolen data on the criminal underground) online crime organization Fin7 has reportedly stolen information for five million payment cards from 83 Saks Fifth Avenue stores and the network of Lord & Taylor, according to Reuters.
Fin7 has so far released about 125,000 payment cards. If in fact millions of records were stolen, this breach would be one of the largest in the past year. Engadget points out the the majority of the stores that were compromised are located in New York and New Jersey. Meanwhile, three Canadian retailers (Toronto, Brampton, and Pickering) were affected as well.
Saks and Lord & Taylor parent company Hudson’s Bay Company insists they have “taken steps to contain” the hacks. Customers will in turn be provided with free credit monitoring and other identity protection, and the company has also said that customers will not be liable for any fraudulent charges resulting from the breach.
In the past, JokerStash has been linked to data breaches pertaining to Chipotle, Omni Hotels, and Whole Foods. For more on the most recent hack, follow on over to Reuters.
In other news, The Standard Hotel is going to sell Lord Jones CBD product in minibars.