Saks, Lord & Taylor hit by payment card data breach

Retailer Hudson’s Bay Co. yesterday acknowledged it was the victim of a security breach that compromised data on payment cards used at Saks and Lord & Taylor stores in North America.

According to Reuters, Toronto-based Hudson’s Bay said in a statement that it had “taken steps to contain” the breach but did not say it had succeeded in confirming that its network was secure.

It also did not disclose when the breach had begun or how many payment card numbers were taken. A cyber security firm indicated it has evidence that millions of cards may have been compromised.

Read more from Reuters.