Pre-Holiday Breach At Macy’s

By on December 4, 2019

December 4, 2019

It hit the retailer over a one-week period early in October, scooping up essential information from credit transactions. The good news, according to CPO magazine (CPO stands for chief privacy officer) is that only a relatively small number of customers were affected, and the company notified law enforcement within days and customers in a few weeks. But the breach, pegged by some experts as a “a classic Magecart cyber attack,” could not have come at a worse time. The looming question, according to the CPO article, is whether the Macy’s hack proves to be a harbinger of more such events, and whether customers are going to get spooked enough to affect holiday sales. Magecart is the name of a known criminal syndicate that has attacked a number of internet sites, including British Airways, NewEgg, and Ticketmaster, by inserting a malicious code that allows for the extraction of credit card information.

Read the full article at:

CPO Magazine

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