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Data Breaches

Sally’s Beauty Supply Detected Attempt at Data Breach; Wall Street Journal Reports Beauty Supply Company CEO’s Sale of Millions in Stock “Preceded Disclosure that the Retailer is Probing an Attempted Data Breach”

In the wake of The Wall Street Journal reporting that Sally's Beauty Supply was investigating an attempt at a data breach of its customers ("Sally Beauty Detects Attempt at Data Breach," March 6, 2014) comes a follow-up story that the company's CEO sold $16.2 million in stock shortly before the retailer announced the investigation to the public. "Sally Beauty's CEO Sold Stock" (The Wall Street...
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Target, Nieman Marcus and now Michaels

Now comes word that Michaels, the country’s largest arts and crafts store, apparently has experienced a credit card breach of its customers across its more than 1,200 stores. Michaels issued a statement that it “recently learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the Company may have experienced a data security attack.” When will this...
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“Target Staff Had Warnings,” Wall Street Journal Reports

In a recent article in the Wall Street Journal ("Target Staff Had Warning," Feb. 15-­16, 2014), it was reported that Target Corp.'s computer security staff, "raised concerns about vulnerabilities in the retailer's payment card system at least two months before hackers stole," what turned into some 110 million credit and debit numbers of customers. Apparently memos were distributed last spring by the federal government and...
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Continued Reports of Data Breaches Cause Mounting Concerns of Identity Theft

If you shop at any of the retailers implicated in recent data breaches, such as Target, Neiman Marcus and now, possibly, Michaels, you may wonder what you can do to protect your identity. One of the first steps that experts advise is to cancel your old debit or credit cards and obtain new ones. Also, a prudent step would be to change your PIN numbers...
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Target, Nieman Marcus and now Michaels

Now comes word that Michaels, the country’s largest arts and crafts store, apparently has experienced a credit card breach of its customers across its more than 1,200 stores. Michaels issued a statement that it “recently learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the company may have experienced a data security attack.” When will this...
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