First Major Data Breach Report of 2018 Posted by Association of Vermont Credit Unions on 12:15 PM

Numerous news outlets are reporting an update on a data breach at retailer Forever 21 that was  discovered in November.  Reports now reveal that the breach resulted in the theft of customer credit card information.  The clothing retailer began investigating the potential data breach when one of its supplier  tipped the company off to the potential lapse in security.

According to a 1/2/18 statement from the retailer, PoS devices used to facilitate customer purchases at some stores was not "always on," leading to the installation of malware and unauthorized network access. The malware searched for payment track data and gleaned information from cards including card numbers, expiration dates, and internal verification codes. Some cardholder names were also stolen.  The malware was operating on the retailer's POS system from April 3, 2017, to November 18, 2017.

It's not yet known how many stores or customers were involved in the data breach.

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