Neiman Marcus to shell out $1.5 million over 2013 data breach

Dallas-based retailer Neiman Marcus has settled a 43-state lawsuit for $1.5 million over a 2013 data breach that affected more than 365,000 cardholders in 43 states and Washington, D.C. Credit card information at 77 stores was exposed and nearly 10,000 customers had illegitimate charges on their accounts.

“Texas law requires businesses to implement and maintain reasonable safeguards against cyberattacks to protect consumers’ personal information from unlawful use or disclosure,” Texas Attorney General Ken Paxton said. “I urge companies to evaluate whether they have in place a thorough and ongoing written information security program that serves to safeguard their customers’ information.”

Settlement negotiations require Neiman Marcus to provide data protection for its customers in the event of future breaches, and undertake a security assessment. 

Protection of PII (personally identifiable information)

Personal information in the U.S. is currently protected by a patchwork of industry-specific federal laws and state legislation whose scope and jurisdiction vary. In the EU, privacy and data protection are fundamental human rights enforced through the GDPR (General Data Protection Regulation). Personal data, in the context of the GDPR, covers a much wider range of information than PII in North America. It includes any information that can directly or indirectly identify a natural, living person, and can be in any format. This includes social media posts, photographs, lifestyle preferences, transaction histories, and even IP addresses.   

Certified EU GDPR Foundation Training Course

IT Governance USA’s Certified EU GDPR Foundation Training Course gives attendees a comprehensive introduction to the Regulation and a practical understanding of the implications and legal requirements for U.S. organizations in one day.

Register here for courses in Boston and New York City.

Take advantage of our holiday sale and save up to $500

Take advantage of our special holiday offer:

Spend over $500 and receive $50 off
Spend over $1,000 and receive $100 off
Spend over $2,000 and receive $200 off
Spend over $5,000 and receive $500 off 

Offer applies automatically at checkout. No promo code is required.
Sale ends on January 31, 2019.  Save here >>