Neiman Marcus Finance Breach

Neiman Marcus is a prestigious American department store chain, celebrated for its high-end fashion and luxury products. With a focus on upscale shopping experiences, it caters to discerning clientele seeking exclusive brands and premium goods.

What Was the Breach?

In late 2021, a hacker or hacking collective accessed the department store staple, Neiman Marcus. The hackers infiltrated the fashion company’s customer online accounts, stealing information for manipulation and financial gain. The hackers accessed the company’s internal database, plucking customer names, contact information, credit card information, usernames, passwords, answers to security questions for online account access, and more.

How Did the Breach Occur?

Hackers accessed information about Neiman Marcus customers by accessing the company’s database. However, Neiman Marcus representatives have not provided extensive details about the attack in an attempt to quell copycat offensives down the line. It is clear that the fashion giant’s system security was fallible, setting the stage for digital criminals to obtain access to internal systems, view customer information, steal login credentials, and wreak digital havoc. The Neiman Marcus attack is a testament to the importance of bolstering online defenses with the industry’s latest forms of nearly impenetrable protection.

When Did This Breach Occur?

This breach occurred in September 2021.

Who Does the Breach Impact?

The breach impacts Neiman Marcus customers as well as the business itself. The stolen login credentials and payment information will likely be used for social engineering, fraud, identity theft, and other crimes.

How Many Files Does the Breach Affect?

Slightly less than five million Neiman Marcus customers were compromised in the attack. It is estimated that the breach impacted about 4.6 million online customer accounts. Furthermore, more than three million virtual gift cards and payment cards were illegally accessed.