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Macy’s stock dragged down 10% by data breach, Kohl’s earnings

Macy’s Inc. shares sank 10.9% in Tuesday trading after reports that the department store retailer experienced a data breach in October. According to a letter that went out to customers, Macy’s (M)  was alerted to a “suspicious connection” between its website and another site on Oct. 15. Macy’s thinks an unauthorized computer code was entered on Oct. 7 that could capture customer information. Read More...

Macy’s stock dragged down 10% by data breach, Kohl’s earnings

Macy’s Inc. shares sank 10.9% in Tuesday trading after reports that the department store retailer experienced a data breach in October. According to a letter that went out to customers, Macy’s (M)  was alerted to a “suspicious connection” between its website and another site on Oct. 15. Macy’s thinks an unauthorized computer code was entered on Oct. 7 that could capture customer information.

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