Consumers Shocked By Second Major Retail Data Breach In 30 Days

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NeimanTarget customers concerned about the security of their credit card data are now in good company: last Saturday, customers of high-end retailer Neiman Marcus woke up to the news that their credit card information could also have been stolen in a large-scale data breach.

According to ABC News, which reported on information from the Associated Press, officials at Neiman Marcus became concerned a few weeks ago that customers’ payment information could have been compromised by fraudsters. An investigation was conducted, and by the first of the year their worst fears were confirmed: shoppers at Neiman Marcus stores were indeed victims of a major hacking scheme, and some of their personal data may have been stolen.

The details of the Neiman Marcus data breach have yet to be fully revealed. For example, it’s still not known exactly how many people are affected or exactly when the data breach occurred. However, it’s unlikely that the Neiman Marcus hacking will impact nearly as many people as the similar incident that occurred at Target – Neiman Marcus only has 40 stores in the U.S.

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The Associated Press reports that there is reason to believe that the Target and Neiman Marcus data breaches may be related, but it’s too soon to say with certainty that this is the case.

If you’re concerned that your credit or debit card information could have been stolen, be sure to take the following steps:

  • Be vigilant – look over your credit card and bank statements to be sure that no fraudulent charges have been made
  • Stay informed – check your credit card’s website frequently for updates about any action you may need to take
  • Don’t panic – federal law limits your liability to $50 in the event that fraudulent charges are made, so don’t worry about a thief maxing out your credit card and getting stuck with the bill