Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
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Michaels confirms security breach; says about 2.6M cards used in its stores may be affected
– canadianbusiness.com
NEW YORK, N.Y. – Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 per cent of all debit and credit cards used at its namesake stores, may have been affected in a security breach.
The nation’s largest arts and crafts chain said its subsidiary Aaron Brothers was also attacked, with about 400,000 cards potentially affected.
Irving, Texas-based Michaels said that it has contained the incident, which began last year. It has received “limited” reports of fraud from banks and the payment card brands that are potentially connected to the breach.
The compromised data includes customer information such as payment card numbers and expiration dates. But there’s no evidence that other personal information such as names, addresses or PIN numbers were at risk, Michaels said.
Michaels’ report comes as many shoppers worry about the safety of their personal data following a massive pre-Christmas security breach at Target Corp. that affected 40 million debit and credit cards…
The nation’s largest arts and crafts chain said its subsidiary Aaron Brothers was also attacked, with about 400,000 cards potentially affected.
Irving, Texas-based Michaels said that it has contained the incident, which began last year. It has received “limited” reports of fraud from banks and the payment card brands that are potentially connected to the breach.
The compromised data includes customer information such as payment card numbers and expiration dates. But there’s no evidence that other personal information such as names, addresses or PIN numbers were at risk, Michaels said.
Michaels’ report comes as many shoppers worry about the safety of their personal data following a massive pre-Christmas security breach at Target Corp. that affected 40 million debit and credit cards…


