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Credit and debit card data breach reported at Saks Fifth Avenue and Lord & Taylor.

No fooling. A cybercriminal ring, known as known as Fin7 or JokerStash, snatched more than five million credit and debit card numbers from Saks Fifth Avenue and Lord & Taylor customers.

The Hudson’s Bay Company, the Canadian firm that owns both retail chains, confirmed this past weekend a breach occurred.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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