Michaels Stores said breach hit about 2.6M cards
April 18, 2014,
Irving, Texas – Michaels Stores, seller of specialty crafts and wall décor, said that a data breach may have impacted approximately 2.6 million cards, which represents about 7% of payment cards used at Michaels Stores in the U.S. at the time of the fraudulent activity.
The company issued a statement on its web site, providing an update on its ongoing investigation into the data security issue it previously reported. In January, the company learned thieves had targeted payment cards used at Michaels Stores and its subsidiary, Aaron Brothers, were attacked by criminals using sophisticated malware. The retailer said it has contained the incident, and the malware no longer presents a threat.
“We are committed to assisting affected customers by providing fraud assistance, identity protection and credit monitoring services,” said Chuck Rubin, ceo. “In an era where very sophisticated and determined criminals have proven capable of successfully attacking a wide range of computer networks, we must all increase our level of vigilance. Michaels is committed to working with all appropriate parties to improve the security of payment card transactions for all consumers,” he said.
Michaels Stores owns and operates more than 1,135 Michaels stores in 49 states and Canada, and 119 Aaron Brothers stores in 9 states.
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