Neiman Marcus latest chain to disclos...

Neiman Marcus latest chain to disclose credit card theft...

Posted in the Banking Forum

The Watchful Eye

Dunkirk, NY

#1 Jan 12, 2014
Read this: NEW YORK — Luxury merchant Neiman Marcus confirmed Saturday that thieves stole some of its customers’ payment card information and made unauthorized charges over the holiday season, becoming the second retailer in recent weeks to reveal it had fallen victim to a cybersecurity attack.

The hacking, coming weeks after Target Corp. revealed its own breach, underscores the increasing challenges that merchants have in thwarting security threats. Neiman Marcus didn’t say whether the breach was related to the massive data theft at Target, but some security experts believe they could be part of the same scam...

My point: The theft of and hacking into credit card informations may present a threat to the current way of doing business by merchants...It is not just a Scam!

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