Fraud Saks And Lord & Taylor

2024 Author: Steven Freeman | [email protected]. Last modified: 2023-12-17 08:15

For several years, carrying cash is no longer common for many, who prefer the convenience of paying with a credit card. It is true that it is easier to make payments with a card, especially when you go shopping and you do not want to carry so much cash on you. However, that comfort also brings its risks. Using a card makes you more vulnerable for criminals to steal your personal data and ruin your credit. And it really is a nightmare. That is exactly what is happening to millions of customers at Saks Fifth Avenue and Lord & Taylor stores.

It turns out that the Hudson's Bay Co. company announced this Sunday a serious problem in its payment system, affecting the security of many of its loyal customers who paid for their purchases with a credit or debit card.

For the moment the company claims to be finding out what happened, however they have not made public which stores have been affected or which states have been affected. Of course, they assured that affected customers will not have to worry about the charges made on their cards and announced that they plan to offer an identity protection service for free.

It was last week when the group that stole the card numbers called JokerStash announced that it had put more than 5 million stolen credit and debit cards up for sale, and that the records came from the Saks and Lord & Taylor stores.

If you recently made some purchases at the stores mentioned, immediately call your card company and report them to the problem.