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Chinese crime ring hacked Staples' system to issue over $5M in gift cards

1 article1 sourcesince Oct 19Last article 1h ago ·

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A Chinese organized crime ring hacked Staples' internal customer support system and issued more than 15,000 gift cards worth over $5 million, according to a search warrant application unsealed last week.

The document does not name the company. 404 Media identified it as Staples from clues in the filing, including a Massachusetts headquarters, use of Blackhawk Network for gift card fulfillment, and an internal support system called Nexus. Staples did not respond to requests for comment.

The gang redeemed about 4,630 of the cards, worth around $425,000, at Target, Sephora and Lowe's, then shipped many of the products to China, according to the same report. The company's office supply business was the target, and Homeland Security Investigations received information about the hack in October 2023.

Written by AI from the articles below · updated Oct 19, 9:29 AM ET

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Oct 19
  1. 404 MediaNews
    Chinese crime ring hacked Staples to steal over $400,000 in gift cards

    AIA Chinese organized crime ring hacked Staples' internal customer support system and issued more than 15,000 gift cards worth over $5 million, according to a search warrant application. The gang redeemed about 4,630 of them, worth around $425,000, at Target, Sephora, and Lowe's, then shipped many of the products to China.

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