Neiman Marcus to Pay $1.5 Million Over Data Breach in 2013
Neiman Marcus agreed to a $1.5 million settlement over a 2013 data breach, according to Texas Attorney General Ken Paxton. The breach exposed about 370,000 cards to access by hackers, and about 9,200 of them were used fraudulently, according to Paxton. The breach wasn’t disclosed to the public until January of 2014.
As part of the settlement, the Dallas-based luxury department store retailer must implement new procedures to protect customers’ personal information and ward off future attacks.
Read more at Retail Dive.