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.
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