The San Francisco Bay area is home to some of the wealthiest people in the world with home values beyond the wildest dreams of many across the country, ironically, this epicenter of socialism may be in an uncontrollable death spiral induced by their embrace of suicidal policies that are destroying their retail sectors.
Just this past weekend, three separate events tell a story of a dysfunction and votes of no-confidence by retailers.
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Department store chain Neiman Marcus is sending notifications to millions of its customers telling them their personal data may be exposed.
Neiman Marcus announced in a press release late Thursday that personal information, including names, contact information, payment card numbers, usernames, passwords and security questions, may have been accessed by a hacker during a May 2020 security breach. The company said it was notifying 4.6 million online customers, and said that 3.1 million payment and virtual gift cards were affected, though the vast majority were expired.
“We are working hard to support our customers and answer questions about their online accounts,” Neiman Marcus Chief Executive Officer Geoffroy van Raemdonck said in a statement. “We will continue to take actions to enhance our system security and safeguard information.”
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