Business & Tech

3 Million Cards Compromised in Michaels Stores Security Breach

The breach also affects transactions made at the store's subsidiary Aaron Brothers.

By Melinda Carstensen
Michaels Stores Inc. announced Thursday that it identified a security breach at its arts and craft stores affecting 3 million payment cards.

CNN Money reported the breach occurred between May 8, 2013 and Jan. 27, 2014 and applies to about seven percent of card transactions made. The store’s subsidiary Aaron Brothers was hacked, too, with an additional 400,000 cards compromised between June 26, 2013 and Feb. 27, 2014.

While there’s no proof information like customers’ PINs and names were stolen, some credit and debit card numbers and expiration dates were compromised. 

The hacking comes on the heels of similar breaches at Target Corp. in November 2014 and Neiman Marcus Group in January 2014.

Michaels CEO Chuck Rubin assured customers on the company website that they have contained the incident.

“We can assure you the malware no longer presents a threat to customers while shopping at Michaels or Aaron Brothers,” Rubin said.


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