Tiffany Data Breach Exposes Gift Card Risks and Blockchain Solutions
In May 2025, Tiffany & Co. joined the growing list of luxury brands targeted by cybercriminals. Hackers infiltrated the company's systems on or around May 12, compromising sensitive data and exposing vulnerabilities in traditional gift card systems.
The breach highlights the security advantages of blockchain-based solutions. Unlike centralized databases, distributed ledger technology offers Immutable transaction records and enhanced fraud prevention—features particularly relevant for high-value retail transactions.