Michaels Stores investigating possible data breach

Michaels Stores says it is investigating a possible company data security breach that may have affected its customers' payment card information.

The Irving, Texas, company said Saturday that it launched the probe after learning of possible fraudulent activity on some U.S. payment cards used at the home decor and crafts retailer.

Michaels Stores Inc. is working with federal law enforcement and experts, but has yet to confirm that its systems were compromised.

CEO Chuck Rubin suggests Michaels customers take steps to protect themselves, such as reviewing their account statements for unauthorized charges.

Neiman Marcus Group Ltd., recently said a last year may have affected about 1.1 million cards.

Target Corp. has said hackers stole about 40 million debit and during the holiday season.


Explore further

Neiman Marcus: 1.1M cards may be compromised (Update)

© 2014 The Associated Press. All rights reserved.

Citation: Michaels Stores investigating possible data breach (2014, January 25) retrieved 16 October 2019 from https://phys.org/news/2014-01-michaels-breach.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more