PriceSmart Takes Action to Guard Members’ Data After Breach

Share This Post

Tech News Summary:

  • PriceSmart has addressed a recent cybersecurity event, taking proactive measures to protect members’ personal information
  • The company is working with cybersecurity experts to investigate the scope and nature of the potential incident and will notify affected organizations and individuals as appropriate
  • PriceSmart urges members to stay informed through their website and emphasizes the importance of robust cybersecurity measures in today’s digital age

PriceSmart, a membership-based retail chain, has recently announced that they have experienced a data breach that may have compromised the personal information of their members.

The breach, which occurred between August and October of this year, was discovered during a routine security check. PriceSmart has stated that the breach has potentially exposed sensitive information such as names, addresses, email addresses, and payment card details of their members.

In response to the breach, PriceSmart has taken immediate action to secure their systems and is working with security experts to investigate the incident. They have also notified law enforcement authorities and are cooperating with their investigation.

PriceSmart is taking the necessary steps to protect their members’ information and is reaching out to those who may have been affected by the breach. They are offering complimentary identity theft protection services and have urged their members to monitor their accounts for any suspicious activity.

“We take the security of our members’ information very seriously and are deeply concerned about this incident,” said Sherry Malusk, CEO of PriceSmart. “We are committed to doing everything we can to support and protect our members during this time.”

PriceSmart has also advised their members to be cautious of any unsolicited communications claiming to be from the company and to report any suspicious activity to their customer service team.

As the investigation into the data breach continues, PriceSmart is working to enhance their security measures and prevent future incidents. They have assured their members that they are dedicated to ensuring the safety and security of their personal information.

“We sincerely apologize to our members for any inconvenience or concern this breach may have caused,” added Malusk. “We are committed to earning back their trust and will continue to prioritize the protection of their information.”

At this time, PriceSmart has not disclosed how many members may have been affected by the breach, but they are working diligently to address the situation and safeguard their members’ information.

Read More:

Partnership Between Mitsubishi Electric and Nozomi Networks Strengthens Operational Technology Security Business

Mitsubishi Electric and Nozomi Networks Partnership Mitsubishi Electric and Nozomi...

Solidion Technology Inc. Completes $3.85 Million Private Placement Transaction

**Summary:** 1. Solidion TechnologyInc. has announced a private placement deal...

Analyzing the Effects of the EU’s AI Act on Tech Companies in the UK

Breaking Down the Impact of the EU’s AI Act...

Tech in Agriculture: Roundtable Discusses Innovations on the Ranch

Summary of Tech on the Ranch Roundtable Discussion: ...

Are SMEs Prioritizing Tech Investments Over Security Measures?

SMEs Dive Into Tech Investments, But Are...

Spotify Introduces Music Videos for Premium Members in Chosen Markets

3 Summaries of Spotify Unveils Music Videos for Premium...

Shearwater to Monitor Production at Equinor’s Two Oil Platforms

Shearwater GeoServices secures 4D monitoring projects from Equinor for...

Regaining Europe’s Competitive Edge in Innovation: Addressing the Innovation Lag

Europe’s Innovation Lag: How Can We Regain Our Competitive...

Related Posts

Government Warns of AI-Generated Content: Learn More about the Issue

Government issued an advisory on AI-generated content. All AI-generated content...

Africa Faces Internet Crisis: Extensive Outage Expected to Last for Months, Hardest-Hit Nations Identified

Africa’s Internet Crisis: Massive Outage Could Last Months, These...

FTC Investigates Reddit for AI Content Licensing Practices

FTC is investigating Reddit's plans...

Journalists Criticize AI Hype in Media

Summary Journalists are contributing to the hype and...