The latest data leak has left over 5 million people scrambling to protect their personal information. This most recent breach to hit consumers might not become as big as the Verizon or Equifax leaks of 2017, but it’s yet another alarming instance reminding shoppers that they’re vulnerable to identity theft.
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The Hudson’s Bay Company, the parent corporation behind luxury retailers Saks Fifth Avenue and Lord & Taylor, released a statement Monday confirming that it was the latest victim of the sophisticated crime syndicate Fin7. Officials at HBC “recently became aware of a data security issue involving customer payment card data at certain Saks Fifth Avenue, Saks OFF 5TH, and Lord & Taylor stores in North America,” according to the statement. The company noted that it identified the issue and took steps to contain it the security breach, and believes it no longer poses a risk to its customers.
The Fin7 hacker syndicate — also known as JokerStash — isn’t new to the world of data hacking. Having successfully breached retailers such as Whole Foods Market, Chipotle, Trump Hotels and more, it reportedly released the stolen data to the public as of March 28.
The entire network of Lord & Taylor and 83 Saks Fifth Avenue locations have been compromised, according to the analysis done by cybersecurity research firm Gemini Advisory. The firm said that the majority of stolen credit cards were obtained from locations in New York and New Jersey. The Hudson’s Bay Company waived all liability for customers in regard to fraudulent payments and offered free identity protection services, including credit and web monitoring for those customers affected.
Click to learn ways to recover from having your personal information stolen.