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Michaels Confirms Suspected Credit Card Security Breach

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Michaels craft store.

Michaels craft store.

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LANHAM, Md. (WNEW/AP) — The Michaels chain of arts and crafts stores confirmed Thursday that approximately 2.6 million credit cards may have been affected by an ongoing security breach that lasted from May 8, 2013 to Jan. 27, 2014.

The chain first announced the investigation in January. CEO Chuck Rubin said then that Michaels customers should take steps to protect themselves, such as reviewing their account statements for unauthorized charges.

The breach also affected Aaron Brothers, a Michaels subsidiary.

“We are committed to assisting affected customers by providing fraud assistance, identity protection and credit monitoring services,” Rubin said in a statement Thursday.

“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.”

The announcement comes on the heels of several high profile data hacking cases. Neiman Marcus Group Ltd., recently said a security breach last year may have affected about 1.1 million cards. Target Corp. has said hackers stole about 40 million debit and credit card numbers during the holiday season.

(TM and Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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