PORTLAND, Maine — Credit unions in Maine and scattered across other New England states are bracing themselves for potential costs in closing and reissuing credit card accounts after another U.S. retail chain reported a card security compromise.
The Hannaford Bros. Co. operates grocery stores across Maine and New England, as well as some in Florida under the Sweetbay brand. So far, the company has not listed any Sweetbay stores as compromised in the breach.
According to the company, the breach was suspected on Feb. 27 and confirmed after investigation on March 10, and the company notified the public about the breach on March 17. The Maine Credit Union League has estimated that Maine and other area credit unions may end up reissuing 150,000 card accounts because of the compromise.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
