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Retail Jewelry Giant’s Customer Data Was Exposed in Leak

The problem has since been fixed.

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Order information for customers of some Signet brands may have been exposed in a leak, KrebsOnSecurity reports.

A customer reported the security weakness to the security-focused publication. The customer, Brandon Sheehy of Dallas, “discovered that slightly modifying the link in the confirmation email he received and pasting that into a Web browser revealed another customer’s order.” That included a variety of personal information, including name, address and last four digits of credit card.

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“My first thought was they could track a package of jewelry to someone’s door and swipe it off their doorstep,” Sheehy told KrebsOnSecurity. A variety of other scams might be possible with the information, he surmised.

Sheehy said he contacted Signet, whose brands include Jared, Kay and Zales, about the problem. It was then apparently fixed for all orders going forward, but not for past orders.

Scott Lancaster, chief information security officer or Signet, said the problem has now been fixed for past orders as well.

The issue “affected only orders made online through jared.com and kay.com” and not the company’s other brands, KrebsOnSecurity reports.

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Read more at KrebsOnSecurity

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News Report Reveals Sordid Details of Alleged Sexual Harassment At Signet

It’s based on interviews with dozens of female former employees.

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A New York Times report reveals salacious details related to allegations of sexual harassment and gender discrimination within Signet’s Sterling Jewelers business.

The story, titled “The Company That Sells Love to America Had a Dark Secret,” is based on interviews with dozens of female former employees.

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Some of the employees described being repeatedly passed over for promotions in favor of men, according to the article by Taffy Brodesser-Akner. Others said they’d been sexually harassed.

One woman told the writer that a district manager coerced her into sex in exchange for a transfer she wanted.

A rape accusation is also described.

INSTORE reported in March 2017 that about 250 former employees of Sterling, which operates Jared the Galleria of Jewelry, Kay Jewelers and Zales, were alleging that the company culture was rife with sexual discrimination and harassment. The claims were part of an arbitration case that dates to 2008.

Litigation is still ongoing.

In response to the New York Times story, Signet released a statement saying: “We’re disappointed that The New York Times decided to publish an article primarily based on decades-old allegations, and we believe casts our company unfairly. Signet is a recognized leader among companies for gender diversity, with women making up 74 percent of store management positions and full gender parity in both the [senior executive suite] and board of directors. Under the leadership of our CEO Gina Drosos, we are undeterred in our ongoing mission to champion diversity and inclusion as a strategic priority and in our multi-year business transformation plan.”

Read more at The New York Times 

 

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Rooftop Burglars Take Everything from Jewelry Store

They even stole repair items.

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Burglars cut through the roof of a jewelry store in Laguna Niguel, CA, and took “all items in the store, including repair pieces,” the Jewelers’ Security Alliance reports.

KCAL-TV identfied the business as Nuggets and Carats Jewelry Store.

According to JSA, the burglars “cut through the roof, used a rope to lower themselves in, and cut into the safe.”

They also “removed another safe from the store, which was dragged out a back door into a parking lot.”

The crime took place on the evening of March 23.

JSA states that it has seen a nationwide uptick in the number of reports of burglaries involving rooftop entry or cutting through sidewalls, with some involving cutting alarm wires.

According to KCAL, store owner Brian Hassine said of the safe: “It’s a 6-inch deep safe. It’s got a plate on the outside that needed to be cut with some type of a laser or saw, and they had to cut away at the concrete, and then another plate they had to go through.”

Find out more at KCAL-TV

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100 US Jewelry Retailers Closed in the First Quarter

The rate of closings slowed considerably.

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The Jewelers Board of Trade reported that 100 U.S. jewelry retailers closed their doors in the first quarter of 2019.

That number represented a decrease from 282 closings in the first quarter of 2018.

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The total included 73 retailers in the category of “ceased operations” as well as 22 “consolidations (sale/merger)” and five bankruptcies.

The total number of U.S. jewelry businesses that closed, including retailers, wholesalers and manufacturers, was 125. That was a decrease from 343 in the first quarter of 2018.

Meanwhile, JBT reported that 48 new retailers opened their doors in the U.S., up from 45 in the first quarter of 2018.

The total number of new jewelry businesses, including retailers, wholesalers and manufacturers, was 57. That was down from 62 new businesses in the year-ago quarter.

JBT listed a total of 18,920 jewelry retailers in the U.S. as of the first quarter of 2019, down from 19,554 in the same quarter a year ago.

The group listed 25,037 jewelry businesses in all, including retailers, wholesalers and manufacturers. That was down from 25,898 in the first quarter of 2018.

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