Saks, Lord & Taylor hacked: 5 Million Consumer Information was stolen by hackers
According to Wall Street Journal, the New York Times, and CNN, a number of media reports have reported that American luxury department stores Saks Fifth Avenue and Saks Off 5th, Lord & Taylor ’s consumer credit card and debit card information have been stolen. The number of consumers involved is as high as 5 million and the scope involved covers the entire North American region. Or will become the largest consumer information theft incident in the retail industry.
A group of Russian-speaking hackers from Russian-speaking countries went into the department store’s trading system. According to reports, they are likely to be hackers named Fin7 or JokerStash who announced on the website Wednesday that they have obtained 5 million consumer bank card information. Hackers claim to have stolen the stolen consumer credit and debit card information on underground forum deals.
A spokesman for Hudson’s Bay Company, the head office of the two department stores, confirmed the news on Sunday.
Saks Fifth Avenue has been providing high-quality apparel and services to New York City residents since 1824. Its headquarters are located in the most prosperous area of Fifth Avenue in New York City. It attracts thousands of New Yorkers and tourists every day. One of the shopping malls most visited by Chinese students and office workers.
A preliminary analysis pointed out that consumers who had been consumed in Saks and Lord & Taylor stores from May 2017 to March 2018 may face the risk of information theft. And the number of affected stores in the United States may be as many as 130. But the most influential should be stored in New York and New Jersey.
A company spokesperson told the media that department stores have begun a thorough investigation of the matter and are actively maintaining the site’s security monitoring system to prevent further leakage of information. They will provide consumers with free system security upgrades, including monitoring and protecting consumer credit information and records. If a fraudulent brush occurs, they will notify consumers the first time, and consumers will not be responsible for the theft of the brush.
According to the consulting firm Gemini Advisory, there are currently 125,000 credit and debit cards used in the Saks store, many of which had active consumer records in the past month, which was just March. They said that there are currently no indications that credit card and debit card information has been leaked through the Saks official website for online shopping. The consulting firm also stated that Saks Fifth Avenue and Saks Off 5th, Lord & Taylor, the consumer information disclosure incident, should be the largest information leakage incident in the department store retail industry ever.
Hackers who have stolen information may have also been involved in the theft of consumer information from Whole Foods, Chipotle, Omni Hotels & Resorts and Trump Hotels. Hudson’s Bay Company stated that they will post detailed information on stolen information on the department store’s dedicated website, and consumers can log on to the site to find out.