5 million customers credit and debit card data lost
The two high-end US department stores have lost their data to cyber criminals. The data includes the numbers of customer’s five million credit and debit cards.
The two high-end US department stores have lost their data to cybercriminals. The data includes the numbers of customer's five million credit and debit cards.
A cybersecurity research firm, Gemini Advisory, disclosed the data breach on Sunday. The researchers added that there is a probability that the online shoppers wouldn't be affected by the information might be collected at the store locations.
The information siphoned by the criminal form the stores from May 2017 to present, according to Gemini's preliminary analysis suggestion.
Sak Fifth Avenue has released a statement saying that they have identified the issues and the steps have been taken accordingly.
They have said in the statement that they will offer those impacted free identity protection services, including credit and web monitoring and affected customers will not be liable for fraudulent charges. The company said that they are coordinating with law enforcement authorities, the payment card companies and with leading data security investigators.
As the stores offer expensive goods, Gemini said that the damage might be higher for the cardholders in this attack. They also indicated that the international travelers are also at risk as they anticipate the surge in the coming months in this activity.
Both the stores are a part of Canada based Hudson's Bay group. The group is one of the oldest departmental store groups in North America and was founded in 1670.