A ring of cybercriminals tapped into cash registers at retail stores to obtain the card numbers, then offered them for sale, a security firm says.
By Vindu Goel and Rachel Abrams
Saks has been hacked - adding to the already formidable challenges faced by the luxury retailer.
A well-known ring of cybercriminals has obtained more than five million credit and debit card numbers from customers of Saks Fifth Avenue and Lord & Taylor, according to a cybersecurity research firm that specializes in tracking stolen financial data. The data, the firm said, appears to have been stolen using software that was implanted into the cash register systems at the stores and that siphoned card numbers until last month.