Published: Tue, April 03, 2018
Finance | By Gustavo Carr

Million Card Numbers Stolen In Saks, Lord & Taylor Hack

Million Card Numbers Stolen In Saks, Lord & Taylor Hack

In addition, the security firm suspects that 83 Saks Fifth Avenue stores and all Lord & Taylor locations were compromised in the data breach.

According to Gemini Advisory, a cyber security firm specializing in tracking stolen financial data, the credit card data was stolen by installing malicious software in the cash registers of the stores.

Other chains owned by Hudson's Bay Company, including department-store chains in Germany and Belgium, Home Outfitters in Canada and the Hudson's Bay department-store Chain in Canada and the Netherlands, do not appear to have been affected by the credit-card theft.

Lord and Taylor, Saks Fifth Avenue and Saks Off Fifth fell victim to a massive data breach as hackers have stolen records for more than 5 million credit and debit cards used at the stores.

The company did not immediately provide additional details about how many customers were impacted, but it said they would not be liable for charges and would be offered free identity protection services.

The retailer said in a statement that it has identified the issue and taken steps to contain it, but it has stopped short of disclosing how many payment card numbers were taken.

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New York-based cybersecurity company Gemini Advisory LLC released more information in its analysis of the breach.

Stores that had already implemented chip machines would likely not be exposed to the data breach, Chorine said. This time, hackers have targeted Saks Fifth Avenue and Lord & Taylor.

Gemini advisory also said the hackers from this incident were behind previous data breaches that affected Whole Foods, Chipotle, Omni hotels and resorts and Trump hotels.

Right now, the companies don't know whose data was affected, but they don't believe Social Security numbers or driver's license numbers were stolen.

HBC said an investigation is underway to determine the extent of its situation and will make customer service representatives available to shoppers who desire more information.

"It will be extremely hard to distinguish fraudulent transactions from those of a legitimate nature, allowing criminals to abuse stolen payment cards and remain undetected for a longer period of time", it said. Customers are advised to monitor their accounts, review their statements and get in touch with their card issuers if suspicious activity is detected.

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