Saks Fifth Avenue and Lord & Taylor Hit by Credit Card Breach

Sherif Seda, Seattle, WA – Hudson’s Bay Co, The Canadian company that owns Saks Fifth Avenue and Lord & Taylor has been hacked by a well known hacker called JokerStash.

Over 5 million credit cards have been breached and now in the hands of the hackers.

“The hacking group has so far released about 125,000 payment cards, about 75 percent of which appear to have been taken from the Hudson’s Bay units, Chorine told Reuters by telephone.” said Gemini Chief Technology Officer Dmitry Chorine.

Toronto-based Hudson’s Bay said in a statement that it had “taken steps to contain” the breach but did not say it had succeeded in confirming that its network was secure. It also did not say when the breach had begun or how many payment card numbers were taken.

“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,” the statement said.

JokerStash stole more than 130 million credit cards from credit-card processor Heartland Payment Systems, convenience store operator 7-Eleven Inc and grocer Hannaford Brothers Co, from 2006 to 2008, according to U.S. federal investigators.
The company said that customers will not be liable for fraudulent charges resulting from the breach.
Source: Reuters
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