Why Neiman Marcus Customers Credit Card may have been hacked

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There’s a very good chance that a criminal operation has hacked just about every major retailer in the U.S., or at least has the capability of doing so:

Luxury department store chain Neiman Marcus said on Friday that hackers may have stolen customers’ credit and debit card information, the second cyber attack on a retailer in recent weeks.

The data breach comes after Target Corp on Friday said an investigation found a cyber attack compromised the information of at least 70 million customers, in the second-biggest retail cyber attack on record.

Neiman Marcus does not know the number of customers affected by the intrusion, company spokesperson Ginger Reeder said.

Neiman Marcus said its credit card processor alerted the retailer in December about potential unauthorized payment card activities and the U.S. Secret Service is investigating.

A third-party forensics firm confirmed the cyber-security intrusion on January 1, the company said.

Reeder declined to comment if the breach was related to the Target cyber attack.

This isn’t an amateur operation and it’s certainly not small. There are likely international ties to this, and finding and prosecuting the culprits won’t be easy. There’s no reason to believe any retailer is safe. The best bet is to leave your debit card at home and stick to credit cards. At least the banks eat the losses that way and inconvenience to the consumer is minimal.

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