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Michaels Stores: 2.6 million cards affected by security breach

By James Walker     Apr 18, 2014 in Odd News
U.S. arts and crafts chain store Michaels has confirmed that on Thursday around 2.6 million cards - over 7% of payments taken on Thursday - used in its stores may have been affected in a security breach.
The company also reported that its subsidiary Aaron Brothers was also hit with an additional 400,000 cards affected. It has said, however, that the incident has been contained although admitted that banks had reported "limited" amounts of fraud from banks related to payment cards potentially linked with the breach.
Compromised data now with hackers includes details for millions of customers including payment card numbers although it is not thought that they have names, addresses or PIN numbers.
The breach comes just three months after the chain revealed that it had been the victim of a massive data breach from malware for over 7 months. The attack on Thursday against Michaels and subsidiary Aaron Brothers came from highly-sophisticated malware not previously experienced by the two security companies appointed as investigators into the incident.
In an attempt to console customer concerns, Michaels Stores CEO Chuck Rubin said "Our customers are always number one priority and we are truly sorry for any inconvenience or concern Michaels may have caused." The store is offering all affected U.S. customers of Michaels and of Aaron Brothers free identity protection, credit monitoring and fraud assistance services for the next 12 months as consolation.
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