Michaels provides info on customer payment cards
If you shop at Michaels Stores, Inc., check your bank statements and change your passwords on your accounts. The store announced it recently learned of possible fraudulent activity on some U.S. payment cards that were used in it's stores.
It sounds like Michaels has experienced a data security attack similar to Target and Nieman Marcus. Federal law enforcement is conducting an investigation with the help of third party data security experts to establish the facts about criminal activity, with the help of Michaels.
While the investigation is ongoing, Michaels has decided it is appropriate to let its customers know about the potential issue.
“We are concerned there may have been a data security attack on Michaels that may have affected our customers’ payment card information and we are taking aggressive action to determine the nature and scope of the issue,” said Chuck Rubin, CEO.
“While we have not confirmed a compromise to our systems, we believe it is in the best interest of our customers to alert them to this potential issue so they can take steps to protect themselves, for example, by reviewing their payment card account statements for unauthorized charges.”
Michaels will post information related to its ongoing investigation as appropriate on the company’s website, www.michaels.com.