CrimeOct 20, 2026
Security Guard Charged With Murder in Shooting at Texas MallThe guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.
MajorsApr 03, 2018
Saks, Lord & Taylor the Latest Hit by Hackers
They reportedly gained access to the retailers’ cash register systems to steal payment card data from more than 5 million customers.
Hudson’s Bay Company announced Sunday that hackers had gained access to the debit and credit card numbers of customers at two of its retailers--Lord &Taylor and Saks.
New York--Saks Fifth Avenue and sister retailer Lord & Taylor just joined the long list of large companies that have been hacked.
On Sunday, parent company Hudson’s Bay Co. issued a short statement confirming that it had become aware of a “data security issue” involving the credit and debit card numbers of customers who shopped at certain Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores in North America.
While the investigation is ongoing, HBC said it doesn’t appear the breach impacted customers who shopped at any of its other stores or online, including on Gilt.com.
“The company deeply regrets any inconvenience or concern this might cause,” the statement reads. “Once the company has more clarity around the facts, it will notify customers quickly and will offer those impacted free identity protection services, including credit and web monitoring.”
HBC did not release any specifics about the number of consumers or location of stores impacted, but in a blog post also published Sunday, Gemini Advisory pinned the attack on a cybercrime syndicate known as JokerStash or Fin7.
The cybersecurity research firm said Fin7 announced March 28 it would be releasing for sale more than 5 million stolen debit and credit card numbers on the dark web, and already has put about 125,000 out there.
Fin7 didn’t say where it obtained the numbers, but Gemini said it confirmed with a “high degree of confidence” that the numbers came from Saks Fifth Avenue and Lord & Taylor. It estimated the breach occurred between May 2017 and now, impacting all Lord & Taylor and 83 Saks stores mainly in New York and New Jersey.
The research firm said it is “among the most significant credit card heists in modern history.”
A spokesperson for HBC declined to comment on Gemini’s statement.
Cybercrime is a growing problem for retailers, including retail jewelers.
In its recently released annual crime report for 2017, the Jewelers Security Alliance noted a “large dollar increase” in thefts by deception and impersonation made possible by the internet, with the average loss from this type of incident topping $1 million.
JSA President John J. Kennedy called it a “dangerous and growing crime trend” for the industry.
On Monday, he offered a number of cybersecurity tips for retailers. Some, he noted, might involve hiring an IT consulting firm.
Kennedy said retailers need to have proper firewalls and up-to-date anti-malware software for all systems, and they need to avoid visiting “questionable and risky sites.”
Jewelers
Editors' Picks
Sponsored by
also need to educate their staff on the common mistakes made that let hackers in.
Kennedy said one of the main methods cybercriminals employ is social engineering, in which they use various methods to win the trust of the company’s employees in order to gain unauthorized access to its IT system.
(The New York Times reported this is what was used by the hackers who targeted Saks and Lord & Taylor. The credit and debit card numbers were stolen via software implanted into the stores’ cash register systems that, most likely, was installed through phishing emails sent to HBC employees.)
He said staff need to be told, or reminded, not to open or click into unknown or suspicious emails.
They also need to be aware that emails can be spoofs—which use the exact email address of known individuals—or come from someone who has obtained an email address that is very similar to, but not exactly the same as, a known party’s address. They need to look for foreign domains, misspellings and other anomalies in emails.
When a transaction is involved, Kennedy recommends calling the person on the phone to confirm that it is not a fraud.
He also recommends having a written cybersecurity policy employees have to read and sign, and having regular staff meetings that include reviews of the company’s cybersecurity protocols.
Kennedy said one of the main methods cybercriminals employ is social engineering, in which they use various methods to win the trust of the company’s employees in order to gain unauthorized access to its IT system.
(The New York Times reported this is what was used by the hackers who targeted Saks and Lord & Taylor. The credit and debit card numbers were stolen via software implanted into the stores’ cash register systems that, most likely, was installed through phishing emails sent to HBC employees.)
He said staff need to be told, or reminded, not to open or click into unknown or suspicious emails.
They also need to be aware that emails can be spoofs—which use the exact email address of known individuals—or come from someone who has obtained an email address that is very similar to, but not exactly the same as, a known party’s address. They need to look for foreign domains, misspellings and other anomalies in emails.
When a transaction is involved, Kennedy recommends calling the person on the phone to confirm that it is not a fraud.
He also recommends having a written cybersecurity policy employees have to read and sign, and having regular staff meetings that include reviews of the company’s cybersecurity protocols.
More on Majors
The Latest
IndependentsOct 20, 2026
David Gardner’s Jewelers Unveils Newly Expanded, Revamped ShowroomThe Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.
SourcingOct 20, 2026
The $50M Victoria’s Secret ‘Fantasy Bra’ By The NumbersJacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.
Brought to you by
Open an Account, Get $50 Off Your First Order. No Code Needed.Built on Relationships. Refined by Craft.
CollectionsOct 20, 2026
Mignon Faget’s Collection Chooses Handmade Over AIThe “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.
Weekly QuizOct 15, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingOct 19, 2026
Jewelry Design Competition Show Airs in Thailand"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.
CollectionsOct 19, 2026
John Hardy Enters the Medallion Chat With Talisman Collection The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionExperience gemstones with greater precision and comfort than ever before.
IndependentsOct 19, 2026
The Stories of 5 Jewelers Celebrating Their Centennials in 2026Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?
SurveysOct 16, 2026
How Inflation, Gas Prices Will Affect Holiday Sales The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.
CollectionsOct 16, 2026
Christina Puchi’s Earrings Hold the UniverseOur Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.
IndependentsOct 16, 2026
Reeds Jewelers Expands, Relocates FlagshipThe New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.
IndependentsOct 15, 2026
Retailer Hall of Fame 2026: Amy and Elise Greenberg For 40 years, sisters Amy and Elise Greenberg have helmed their 126-year-old family business, leading with appreciation and integrity.
ColumnistsOct 15, 2026
Peter Smith: What Is the Culture REP?It’s a term Smith coined and felt compelled to share following a bad experience with an aborted flight and an unfeeling flight attendant.
WatchesOct 15, 2026
Stephanie Gottlieb’s New Movado Watches Are Made for Your Wrist StackMovado teamed up with the New York-based fine jewelry designer on a new collection of Movado Museum Velura watches.
SourcingOct 15, 2026
Signet Jewelers, Richemont May Join Bidder for De Beers, Report SaysThe two companies are reportedly in talks to join the Global Diamond Consortium, led by former De Beers CEO Gareth Penny, as per Bloomberg.
CollectionsOct 15, 2026
Wolf x Marla Aaron's New Jewelry Box Is for Some (Not All) of Your ThingsThe “Some of the Things” box follows the two larger “Everything” box designs with the look and function of antique sewing and toolboxes.
IndependentsOct 14, 2026
Retailer Hall of Fame 2026: Coleman and Mitchell ClarkFourth-generation jewelers Coleman and Mitchell Clark exemplify the best qualities of their predecessors: humility, modesty, and confidence.
SourcingOct 14, 2026
Manuel Marcial de Gomar, ‘The Emerald Whisperer,’ Dies at 90The gem hunter, whose 70-year career was defined by adventure and exploration, is remembered for his steadfast faith and sense of wonder.
FinancialsOct 14, 2026
LVMH’s Jewelry Brands Turn in ‘Very Good’ Performance in Q3 Tiffany & Co. continued its full-scale store renovation project while Bulgari’s high jewelry collection generated “record-breaking revenue.”
Events & AwardsOct 14, 2026
Chicago Responsible Jewelry Conference Releases 2026 ProgramThis year’s sessions feature leading voices from human rights, legal, and conservation organizations.
MajorsOct 13, 2026
David Webb Owner Purchases Lugano JewelryThe high-end jewelry retailer was sold to private investment firm Middle West Partners and a group of longtime clients.
Lab-GrownOct 13, 2026
Stephanie Gottlieb Takes Lab-Grown Diamond Collection WholesaleThe jewelry designer has partnered with Sofer Jewelry to distribute her 85-piece lab-grown diamond collection.
IndependentsOct 13, 2026
Retailer Hall of Fame 2026: Sean DunnDunn, this year’s Single-Store Independent inductee, is passionate about innovation and telling the story of natural diamonds.
AuctionsOct 13, 2026
Christie's Geneva To Auction 'Bulgari Pink' DiamondThe 24-carat fancy intense pink diamond ring could fetch up to $18 million at the November sale.
IndependentsOct 13, 2026
Greenwich St. Jewelers’ New Candle Smells Like HomeThe “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.
TechnologyOct 13, 2026
GemFind Is a New JA Member Benefit Partner The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.
