Neiman Marcus agrees to $1.5 million settlement after data breach

Neiman Marcus agrees to $1.5 million settlement after data breach

Attorney Generals from 43 states have entered into an agreement with Neiman Marcus to pay a $1.5 million settlement, after a data breach exposed the credit card information from 77 of their stores nationwide.

January 2019 │Omada

Neiman Marcus agrees to $1.5 million settlement after data breach

Attorney Generals from 43 states have entered into an agreement with Neiman Marcus to pay a $1.5 million settlement, after a data breach exposed the credit card information from 77 of their stores nationwide.

Over a three-month period in 2013, the Washington Post reports about 370 Neiman Marcus credit cards were unlawfully accessed by a third party, with at least 9,200 used fraudulently.

The lack of a secure Identity Governance and Administration (IGA) solution allowed bad actors to secretly install malware on the company’s systems, which were able to scrape credit card payment information from 1.1 million customers from July to October in 2013.

As well as the financial penalty, the Star Telegram reports Neiman Marcus must also maintain additional security measures that are designed to protect customers’ information.

Part of this involves compliance with Payment Card Industry Data Security Standard (PCI DSS) and implementing a system that monitors and collects network activity.

Do You Want to Keep Your Secrets Secret? Find out how an emergency lock-out can help disable a user’s access to all on-premises and cloud-based systems.

Related Articles

By using or further navigating this website, you agree to Omada's use of cookies. Click here to see our cookie policy.

Read Privacy Policy
Close