Neiman Marcus and Other Retailers Breached, Credit Card Details Stolen

Fnord666 writes "Another day, another data breach. Apparently high end retailer Neiman Marcus has also suffered a breach of credit card data. Brian Krebs has the report: 'Responding to inquiries about a possible data breach involving customer credit and debit card information, upscale retailer Neiman Marcus acknowledged today that it is working with the U.S. Secret Service to investigate a hacker break-in that has exposed an unknown number of customer cards. Earlier this week, I began hearing from sources in the financial industry about an increasing number of fraudulent credit and debit card charges that were being traced to cards that had been very recently used at brick-and-mortar stores run by the Dallas, Texas based high-end retail chain. Sources said that while it appears the fraud on those stolen cards was perpetrated at a variety of other stores, the common point of purchase among the compromised cards was Neiman Marcus. Today, I reached out to Neiman Marcus and received confirmation that the company is in fact investigating a breach that was uncovered in mid-December.'" The Chicago Tribune reports that "at least three other well-known U.S. retailers" suffered breaches this holiday season as well.

Comments

Re:Good thing Visa takes the risk...

[Frosty Piss]

My dad runs a small business, and usually if there is any problem with a credit card charge, Visa/MC will extract money back from him in a blink of an eye.

What kind of "problem" would that be? If your father is not providing adequate customer service such that customers seek redress from their credit card company, maybe the problem isn't the credit card?

Re:Time to overhaul the Credit Card system in the

[AK Marc]

The "fix" is to hold the breaches responsible for every fraudulent charge and re-issued card. The stores store the numbers, often in violation of their agreements, and nobody cares. They should get sued for their negligence. When that happens some, nobody will want to store the card numbers (like they are supposed to), and breaches will net nothing more than customer names and addresses, at most.