Michael's, an arts and crafts supply retailer with more than1,100 stores, is the most recent retailer to be targeted bycard data thieves.
|In a Jan. 25 letter posted on its website, Michael's CEO ChuckRubin alerted consumers.
|“We recently learned of possible fraudulent activity on someU.S. payment cards that had been used at Michaels, suggesting wemay have experienced a data security attack,” Rubin said in theletter. “We are working closely with federal law enforcement andare conducting an investigation with the help of third-party datasecurity experts to establish the facts.”
|Media outlets had reported that financial institutions had begunto trace card fraud cases to cards used at the store and the U.S.Secret Service had confirmed that it is investigating a possiblebreach.
|If confirmed, the Irving, Texas-based Michael's would be thethird of the most recent string of breached retail firms, behindTarget andNeimanMarcus.
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