Fin7 Syndicate Hacks Saks Fifth Avenue and Lord & Taylor Stores

On March 28, 2018, a notorious hacking JokerStash syndicate, also known as Fin7 announced the latest breach of yet another major corporation, with more than five million stolen payment cards offered for sale on the dark web. Several large financial institutions have confirmed that all tested records had been used before at Saks Fifth Avenue, Saks Fifth Avenue OFF 5TH, a discounted offset brand of luxury Saks Fifth Avenue stores, as well as Lord & Taylor stores.

Although at this moment it is close to impossible to ascertain the exact window of compromise, the preliminary analysis suggests that criminals were siphoning the information between May 2017 to present. Based on the analysis of the available data, the entire network of Lord & Taylor and 83 Saks Fifth Avenue locations have been compromised. The majority of stolen credit cards were obtained from New York and New Jersey locations.

On March 28, 2018, notorious hacking JokerStash syndicate infamous for its long streak of successful high-profile breaches, including Whole Foods, Chipotle, Omni Hotels & Resorts, Trump Hotels and many more, has announced the release of the newest batch of compromised records called BIGBADABOOM-2.

With the declared number of compromised payment cards being in excess of five million, the current hacking attack is amongst the biggest and most damaging to ever hit retail companies.

Read more at Gemini Advisory

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