Tag: Security Breach

Sears Holdings Corp. announced in March of this year (2014), it was investigating a possible security breach after a series of cyberattacks on other retailers have exposed the data of millions of consumers. The security review was still at an early stage as Verizon Communications Inc. (VZ)’s digital forensics unit and the U.S. Secret Service sift through the company’s computer data to look for traces of hackers and the extent of any incursion, according to two people familiar with the matter. Sears, which was already working to reverse 28 straight quarters of declining sales, could be faced with fighting a possible hacking attack with shoppers on edge after a flurry of retail data breaches tarnished the image of merchants including