Michaels, the country’s largest arts and crafts chain, suspects it might be victim to a cyber crime. The store announced last week that some customers’ credit and bank cards had “possible fraudulent activity.” The Secret Service is investigating.

Article Excerpt:

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.

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