Card Records Reportedly For Sale After Lord & Taylor Data Breach

A Lord & Taylor data breach has prompted a customer to file a class action lawsuit against the company after hackers allegedly stole customer data. On March 28, 2018, hacking syndicate “JokerStash” announced the sale of over five million stolen credit and debit card records on the dark web. Individuals who were potentially affected by the breach may be able to seek compensation with the help of a data breach lawsuit attorney.

If you suspect that your personal information may have been compromised as a result of a potential Inogen data breach, contact Attorney Group to learn more. We provide free, confidential and no-obligation consultations. We can help answer your questions, and if you have a claim we can connect you with an affiliated attorney who can assist you throughout the legal process.

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Class Action: Retail Company Failed to Secure Customer Information

Hackers have reportedly obtained over five million credit and debit card numbers used at several retail outlets in North America. According to the New York Times, the data was reportedly stolen using software implanted into the cash register systems at the store locations. Cybersecurity firm Gemini Advisory has determined that the information advertised for sale was stolen from a breach involving Saks Fifth Avenue, Saks OFF 5TH, and Lord & Taylor retail stores between May 2017 and March 2018.

Credit and debit card records were among the information seized in the breach. Personal and financial information such as cardholder name, card number, expiration date and internal verification code could have been accessed, potentially posing an increased risk of identity theft to some individuals.

As a result of the data breach, a class action lawsuit has been filed claiming that Lord & Taylor failed to:

  • exercise reasonable care in securing and safeguarding its customers’ personal financial data;
  • ensure that access to its data systems was reasonably safeguarded;
  • acknowledge and act upon industry warnings; and
  • use proper security systems to detect and deter the type of attack that occurred.

Likewise, the complaint states that the retailer failed to use best practices and industry standards, which led to the data breach and allowed customer information to be compromised.

Consumers Affected by a Lord & Taylor Data Breach May Be Entitled to Compensation

Data breaches can possibly lead to serious problems for those affected, including the loss of personal, financial or health information. When financial information is wrongfully accessed, victims could be required to pay fees for monitoring their credit to ensure their credit score isn’t negatively impacted from the violation. In some cases, data breach victims may need to make sure they don’t become a victim of identity theft and may also have to pay to receive a credit report to check on fraudulent charges.

Victims of data breaches may be entitled to receive compensation for any personal information that may have been compromised, and the responsible party may be liable for financial losses resulting from a data breach. Affected consumers should seek legal counsel from an affiliated attorney to get more information about their rights and remedies.

The Time You Have to Pursue a Claim is Limited. Contact Us Today.

For more information, contact Attorney Group. After you contact us, an attorney will follow up to answer questions that you might have. There is no cost or obligation to speak with us, and any information you provide will be kept confidential.

Please note that the law limits the time you have to pursue a claim or file a lawsuit for an injury. If you think you have a case, you should not delay taking action.