Neiman Marcus Says Customer Credit Card Data May Have Been Stolen

Your News Companion by Ben Mathis-Lilley
Jan. 11 2014 1:26 PM

Neiman Marcus Says Customer Credit Card Data May Have Been Stolen

180143078-the-exterior-of-a-neiman-marcus-store-is-seen-on
The exterior of a Neiman Marcus store is seen on September 9, 2013 in Coral Gables, Florida

Photo by Joe Raedle/Getty Images

Another retailer was hacked over the holiday shopping season. Luxury retailer Neiman Marcus says some of its customers credit cards may have been compromised although it failed to detail the extent of the potential hack, reports NBC News. Neiman Marcus was alerted to the potential data breach in mid-December and the department store said it is investigating the matter. A spokeswoman said the company had been the victim of “a criminal cyber-intrusion” and since then has taken steps to boost security. It still isn’t clear how many customers were affected but the U.S. Secret Service is investigating the issue.

Word of the Neiman Marcus woes came as Target revealed that its holiday data breach was even larger than it had previously said,  affecting up to 70 million people. Previously the company had said 40 million credit and debit card accounts had been affected. The latest data to have been potentially stolen may have affected anyone who has provided basic information to the company in recent years, including name, mailing addresses, phone numbers, and e-mail address. Even if the stolen data didn’t include credit card numbers, there’s concern the information could be exploited by thieves to try to get customers to reveal more information or help unlock other parts of someone’s online identity, notes the Wall Street Journal.

Advertisement

The two high-profile data breaches are bound to increase concern by customers about the safety of their information and is a stark reminder of how the United States lags behind other countries in how it secures personal financial information. “Many nations have done away with the magnetic strips still used in the U.S. and moved to chips embedded in the cards that are harder to compromise,” notes Bloomberg.  The U.S. payments industry has said it will replace magnetic strips by 2020.

Daniel Politi has been contributing to Slate since 2004 and wrote the "Today's Papers" column from 2006 to 2009. You can follow him on Twitter @dpoliti.

TODAY IN SLATE

Foreigners

More Than Scottish Pride

Scotland’s referendum isn’t about nationalism. It’s about a system that failed, and a new generation looking to take a chance on itself. 

What Charles Barkley Gets Wrong About Corporal Punishment and Black Culture

Why Greenland’s “Dark Snow” Should Worry You

If You’re Outraged by the NFL, Follow This Satirical Blowhard on Twitter

The Best Way to Organize Your Fridge

Politics

The GOP’s Focus on Fake Problems

Why candidates like Scott Walker are building campaigns on drug tests for the poor and voter ID laws.

Sports Nut

Giving Up on Goodell

How the NFL lost the trust of its most loyal reporters.

Is It Worth Paying Full Price for the iPhone 6 to Keep Your Unlimited Data Plan? We Crunch the Numbers.

Farewell! Emily Bazelon on What She Will Miss About Slate.

  News & Politics
Weigel
Sept. 16 2014 7:03 PM Kansas Secretary of State Loses Battle to Protect Senator From Tough Race
  Business
Moneybox
Sept. 16 2014 4:16 PM The iPhone 6 Marks a Fresh Chance for Wireless Carriers to Kill Your Unlimited Data
  Life
The Eye
Sept. 16 2014 12:20 PM These Outdoor Cat Shelters Have More Style Than the Average Home
  Double X
The XX Factor
Sept. 15 2014 3:31 PM My Year As an Abortion Doula
  Slate Plus
Slate Plus Video
Sept. 16 2014 2:06 PM A Farewell From Emily Bazelon The former senior editor talks about her very first Slate pitch and says goodbye to the magazine.
  Arts
Brow Beat
Sept. 16 2014 6:23 PM Bryan Cranston Reenacts Baseball’s Best Moments to Promote the Upcoming Postseason
  Technology
Future Tense
Sept. 16 2014 6:40 PM This iPhone 6 Feature Will Change Weather Forecasting
  Health & Science
Science
Sept. 16 2014 4:09 PM It’s All Connected What links creativity, conspiracy theories, and delusions? A phenomenon called apophenia.
  Sports
Sports Nut
Sept. 15 2014 9:05 PM Giving Up on Goodell How the NFL lost the trust of its most loyal reporters.