TIME Retail

Michaels Says Malware Compromised Up to 2.6 Million Payment Cards

Black Friday Grey Thursday Black Thursday
John Fitzhugh—AP Nancy and Rachel Nelson of Moss Point leave Michaels in D'Iberville, Miss., Nov. 28, 2013.

The arts and crafts chain said that as many as 2.6 million payment cards used at its stores may have been affected by a security breach via sophisticated malware, though it has not yet heard many reports of fraud

Michaels Stores Inc. announced in a press release Thursday that as many as 2.6 million payment cards used at Michaels and Aaron Brothers craft stores may have been affected by a security breach. They say they have so far received “limited” reports of fraud.

A criminal attacked the largest arts and crafts chain in the U.S. using sophisticated malware. The company learned of a possible data security breach in January but did not discover the details until after several months of investigation. Michaels Stores said they had identified and fully contained the incident.

 

Tap to read full story

Your browser is out of date. Please update your browser at http://update.microsoft.com


YOU BROKE TIME.COM!

Dear TIME Reader,

As a regular visitor to TIME.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.

The TIME Team