Breach Point-Of-Sale risks millions of payment cards – Michaels, Aaron Brothers

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The Michaels breach involved malware on point-of-sale systems that neither security firm had encountered before, Michaels CEO Chuck Rubin wrote in a Thursday statement, explaining the malware has been removed and the incident has been fully contained. About 2.6 million payment cards may have been compromised from Michaels outlets between May 8, 2013 and Jan. 27, Rubin said, adding that about 400,000 payment cards could have been compromised from Aarons Brothers stores, a Michaels subsidiary, between June 26, 2013 and Feb. 27. Rubin explained that the breach impacted a “varying number” of Michaels stores, as well as 54 Aaron Brothers …continue reading

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