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Neiman Marcus Data Breach Worse Than Originally Thought

The theft of consumer data from Neiman Marcus appears far deeper than had been disclosed originally, with the luxury retailer now saying that hackers invaded its systems for several months in a breach that involved 1.1 million credit and debit cards.

The malware installed on terminals in Neiman Marcus stores seems to be the same malware that infiltrated Target’s systems and exposed information from as many as 110 million customers, according to a person briefed on the investigations who spoke on the condition of anonymity and is not authorized to speak publicly about the attacks.

Investigators have not revealed whether the same cybercriminals are suspected in both breaches, although investigators and security specialists have described a loose band of hackers from Eastern Europe as the likeliest suspects in the Target theft. Security specialists working with the authorities have said that the hackers were considering several major retailers as potential targets.

In a statement posted on its website Wednesday night, Neiman Marcus said that the malware had been “clandestinely” put into its system and had stolen payment data off cards used from July 16 to Oct. 30. MasterCard, Visa and Discover have told the company that about 2,400 cards used at Neiman Marcus and its Last Call outlet stores have since been used fraudulently.

Category: Identity Theft News
Posted on January 28, 2014 at 09:28 AM | Permalink