Data Theft Hits Michaels’ Customers

Michaels Stores Inc. (Irving, Texas) has joined the list of retailers who have reported security breaches during December 2013.

The world’s largest arts-and-crafts retailer said some of its customers’ payment-card data may have been used fraudulently, making it the third U.S. retailer to report such a breach, after Target Corp. (Minneapolis) and The Neiman Marcus Group Ltd. (Dallas).

The company said in a statement that “the matter is being investigated and any new information will be posted on the company’s web site.” According to Bloomberg News, it declined to say when the data-security attack may have occurred, when the company learned of it or how many customer accounts may be affected.

“While we have not confirmed a compromise to our system, we believe it is in the best interest of our customers to alert them to this potential issue,” said ceo Chuck Rubin in a statement.

steve kaufman

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