01-25-2014 04:17 PM
"The country's largest crafts chain may be the latest retailer hit by a security breach.
"Michaels said Saturday that it learned recently of "possible fraudulent activity" on some of its customers' payment cards, suggesting there may have been a breach.
"CEO Chuck Rubin said the company has not confirmed a breach, but wanted to alert customers.
"We are concerned there may have been a data security attack on Michaels that may have affected our customers' payment card information and we are taking aggressive action to determine the nature and scope of the issue," Rubin said in a statement."
It appears as though the long string of recent breaches continues....
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