Neiman Marcus Will Pay $1.5M Over 2013 Data Breach (1)

The Neiman Marcus Group LLC has agreed to a $1.5 million settlement with 43 states and the District of Columbia over a 2013 data breach of customer payment card information.

Neiman Marcus will put in place measures to prevent breaches in the future, such as complying with Payment Card Industry Data Security Standard requirements, having a system to collect and monitor its network activity, and updating software that maintains and safeguards personal information, according to a statement by South Carolina Attorney General Alan Wilson (R). The company also must have a third party conduct an information security assessment and report, ...