Neiman Marcus faces cyber attacks

Neiman Marcus faces  cyber attacks

Neiman Marcus has become the latest victim of an online hacking attack by criminals in the US. The retailer said that customers' credit cards were compromised in the cyber attack

The retailer said that it was informed in December that its systems might be breached by online criminals. The company said that it has taken steps to contain the breach and to boost the security of its systems to avoid breaches. The recent attacks on US retailers call for better security system for card processing. Also, credit and debit cards should be replaced with encrypted chips instead of magnetic strips.

"On January 1, the forensics firm discovered evidence that the company was the victim of a criminal cyber-security intrusion and that some customers' cards were possibly compromised as a result," Neiman Marcus spokeswoman said in an email statement.

Ginger Reeder, a spokeswoman for Neiman Marcus stores said that is it too early to know how many customers were affected in the breach. The retailer has informed federal law enforcement agencies and is working with the U. S. Secret Service.

For better security, Point of Sale will have to change their system to accept cards with encryption. Also, companies have been urged to keep their servers secure for hacker attacks.

The breach comes just after a major breach at another retailer, Target in which criminals were able to access credit and debit card data of as many as 70 million people. Earlier, Target Corp had reported that hackers stole 40 million cards information.


FrenchTribune Specials

FBI will likely not notify Apple about how it unlocked Syed Farook’s iPhone

On Monday, a federal law enforcement official said that the US Federal Bureau of Investigations (FBI) will not likely notify tech giant Apple about the mechanism it used for unlocking the iPhone used by San Bernardino shooter Syed Rizwan Farook.

The FBI managed to unlock Farook’s iPhone by paying an amount of over $1.3 million to an ‘...

Most Popular

Microsoft to stop manufacturing new Xbox 360 consoles

In an announcement made via a blog post on Wednesday,...

Apple refreshes 12-inch MacBook with Retina display

In a Tuesday announcement, tech giant Apple said that it...

Yahoo reports sharp plunge in net revenue in 2016 Q1

On Tuesday, Yahoo reported its earnings for the 2016...

Apple’s 2016 WWDC to be held from June 13-17; ticket registration now open

On Monday, tech giant Apple officially announced that...

Poll

Can Greece Come out of Economic Problems: