Data Breach Affects Saks Fifth Avenue and Lord & Taylor
Hackers reportedly stole more than 5 million credit card numbers from shoppers at Saks Fifth Avenue and Lord & Taylor.
A report from cybersecurity firm Gemini Advisory says a hacking syndicate compromised more than 130 locations between the two chains, which are owned by the same company. The breach reportedly started around May 2017, and some of the card numbers stolen are already up for sale online.
Saks confirmed in a statement that a breach took place, saying the company will offer free identity protection to those affected.
The retail chain said it believes shoppers are no longer at risk.
According to Business Insider, "At least 14 separate security breaches occurred from January 2017 until now. Many of them were caused by flaws in payment systems, either online or in stores." Some of.. Source: Wochit -
At least 10 retailers were hacked and likely had information stolen from them since January 2017. Many of these breaches were caused by flaws in payment systems that hackers took advantage of. Data.. Source: Wochit -