Cybersecurity
Macy’s Slumps as Website Hack Adds to Department-Store Malaise
- ‘Small number’ impacted by breach in October, company says
- Retailer to advise customers on consumer-protection measures
Photographer: Andrew Harrer/Bloomberg
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Macy’s Inc. slumped the most in three months after confirming that some customers were exposed to a data hack while shopping on its website last month.
“We are aware of a highly sophisticated and targeted data security incident related to macys.com that affected a small number of customers during a one-week period in October,” the company said in an emailed statement.