Michaels has more than 1,105 craft stores in the U.S. and Canada. Experts disagree about whether a suspected payments breach at arts and crafts retailer Michaels could be connected to recent card breaches at Target Corp. and Neiman Marcus. In 2011, banking institutions reported tens of thousands of fraudulent transactions linked to customers who had shopped at Michaels craft stores. Financial fraud expert George Tubin: “The timing cannot be coincidental, especially given the lack of any specificity” He says all of these breaches are pushing retailers to take a closer look at the efficacy of the Payment Card Industry Data Security Standard.”]
Source: https://www.cuinfosecurity.com/michaels-linked-to-target-breach-a-6436