Luxury department store behemoth Saks Fifth Avenue and sister stores Saks OFF 5TH and Lord & Taylor have become the latest retail victim of a data breach. The incident impacts 5 million payment cards that were used at stores in North America, from May 2017 to March 2018.
Research firm Gemini Advisory uncovered a posting on the dark eb by a group of Russian-speaking hackers known as Fin7 (a.k.a., JokerStash), who said they had obtained a cache of stolen card numbers from the company; the thieves call the cache “BIGBADABOOM-2.” They also offered 125,000 of the records for immediate sale.