Friday 18 April 2014

Michaels Verify Security Hack Compromised Nearly 3M credit cards

Back in January Michaels which is in business of Arts and crafts retail chain was investigating the security breach and trying to find how much data have been compromised but they didn't disclosed the results. Michaels is the biggest retailers in US and Canada which runs on more than 1000 stores. Yesterday they've come up with the results of the instigation that two different data theft at the point-of-sale last year at its US store and Aaron Brother’s stores may have compromised approx 3 million credit card and transactions on the go.

Michaels Store at US
Chuck Rubin the CEO said “Our customers are always our number one priority and we are truly sorry for any inconvenience or concern Michaels may have caused. We are committed to assisting affected customers by providing fraud assistance, identity protection and credit monitoring services. Importantly, with this incident now fully contained, we can assure customers this malware no longer presents a threat to shoppers at Michaels or Aaron Brothers 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."

As internet goes on people are rather afraid to make any online payments because of such hacks but they're more afraid of having their government spying on them and intercepting their accounts as Snowden blow the whistle. The breach was happens in between of May 8 2013 and January 27 2014 may have put the risk about 2.6 million cards and 7 percent of the payment cards at their store, they apologies for any problem and willing to provide any fraud assistant customers needed during changing the security. 

No comments:

Post a Comment