April 3, 2018
by Maria Fiero
Upscale fashion retailers Saks Fifth Avenue and Lord & Taylor have been computer-hacked for North American customers’ credit cards and debit cards, according to an announcement made by Hudson’s Bay Company, the stores’ Toronto-based parent. A minimum of about 125,000 customers have had their card information released so far by JokerStash, the underground hacking group that is taking responsibility for the security breach. JokerStash says that as a result of this hacking, it plans to release and/or sell information for about 5 million cards.
Reuters reports that the security breach does not appear to be for online sales but rather for sales made at the physical stores. Hudson’s Bay says that it will not hold card owners responsible for any fraudulent charges that result from the security breach.
Hudson’s Bay released a statement that read in part: “Once we have more clarity around the facts, we will notify our customers quickly and will offer those impacted free identity protection services, including credit and web monitoring.”