High-end shoppers may have snickered at Target's recent data security breach, but now they may be dealing with a crisis of their own: Neiman Marcus says its own security breach may have compromised 1.1 million credit cards last year.
The retailer says on its websitethat Visa, Mastercard and Discover have reported approximately 2,400 cards from Neiman Marcus customers that were used improperly. According to Neiman Marcus, this improper use likely comes from malicious software in the company's system that attempted to take credit card information between July 16 and Oct. 30, 2013.
Neiman Marcus says that it is notifying customers of both its high-end retailer and Last Call, its clearance chain, who may have been affected. The company is offering a free year of credit monitoring and identity-theft protection.
“We deeply regret and are very sorry that some of our customers' payment cards were used fraudulently after making purchases at our stores…. We want you always to feel confident shopping at Neiman Marcus, and your trust in us is our absolute priority,” Neiman Marcus said in its online statement.
Social security numbers, birth dates and PIN numbers were not among the information that was stolen, the company claims. Still, the company says, customers should check their credit card statements and report any fraudulent charges immediately so they can be rectified.Tar
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.