Menu
Sears says it finds no evidence yet of data breach

Sears says it finds no evidence yet of data breach

Sears is the latest large retailer to investigate a possible data breach

Sears Holdings said a review of its systems does not show evidence yet of a data breach as retailers continue to stay on guard in the light of payment card terminal hacking at Target and Neiman Marcus.

The department store chain, with 2,500 stores in the U.S. and Canada, is the latest company to say it is investigating a possible breach, following the hotel management company White Lodging Services and the arts and crafts chain Michaels.

"There have been rumors and reports throughout the retail industry of security incidents at various retailers, and we are actively reviewing our systems to determine if we have been a victim of a breach," wrote Howard Riefs, director of corporate communications at Sears Holdings, in an email.

Target and Neiman Marcus said payment card terminals, known as point-of-sale devices, were infected with malicious software that collected payment card details located on the magnetic stripe on the back of cards.

Target said up to 40 million credit and debit cards were stolen. Neiman Marcus initially said 1.1 million cards may have been affected, but downgraded the estimate to around 350,000 cards on Feb. 21.

Hackers capitalized on a weakness in point-of-sale systems where unencrypted card details are briefly held in a computer's memory. In Target's breach, the malware eventually transmitted the card details to servers outside of the company. Some of the data became available in underground cybercrime forums.

The incidents marked a startling progression by hackers, illustrating continuing weaknesses in a years-long effort to shore up security around payment cards with an industry guideline known as the Payment Card Industry's Data Security Standard (PCI DSS).

Send news tips and comments to jeremy_kirk@idg.com. Follow me on Twitter: @jeremy_kirk


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags securitydata protectiondata breachSears

Featured

Slideshows

Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Show Comments