Data Breach at HBC

Hudson’s Bay Company is investigating a major data security breach at some of its North American stores. Information from some payment cards used at Saks 5th Avenue, Saks Off 5th and Lord & Taylor stores may have been compromised.

Gemini Advisory has says that more than 5 million credit and debit cards may be up for sale.

HBC has said in a statement that they have “identified the issue and has taken steps to contain it.”

The HBC breach is another in a growing trend that is seeing identity and credit card theft becoming more and more prevalent as organizations continue to struggle with protecting customer’s data.