Supervalu stores hit by cyberattack

August 15
RETAIL
Supervalu stores hit by cyberattack

A data breach at Supervalu may have affected as many as 200 of its grocery and liquor stores, including some in Maryland and Virginia, as well as retail chains recently sold by the company in two dozen states.

Hackers accessed a network that processes Supervalu transactions, with account numbers, expiration dates, cardholder names and other information possibly stolen, the company said. The breach occurred between June 22 and July 17, according to Supervalu, which said it took immediate steps to secure that portion of its network.

The cards from which data may have been stolen were used at 180 Supervalu stores and liquor stores run under the Cub Foods, Farm Fresh, Hornbacher’s and Shop ’n Save names, as well as Shoppers Food & Pharmacy stores in the Maryland and Virginia suburbs. Data also may have been stolen from 29 franchised Cub Foods stores.

Supervalu said a related criminal intrusion occurred at the chain stores it sold to Cerebus Capital Management in March 2013, stores that Supervalu continues to supply with information technology services. Those stores include Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market — and related Osco and Sav-On in-store pharmacies in two dozen states.

Supervalu has yet to determine if any cardholder data was actually stolen and said there’s no evidence of any customer data being misused. Supervalu created a call center to help answer customer questions about the data breach and identity protection services being offered. The call center can be reached at 855-731-6018.

— Associated Press

LEGAL
Pershing Square files 2nd suit against U.S.

Activist Bill Ackman’s Pershing Square Capital Management filed its second lawsuit in two days against the U.S. government over the bailout of Fannie Mae and Freddie Mac, court documents show.

In Friday’s complaint with the U.S. District Court, Pershing Square alleged that the Treasury Department illegally seized tens of billions of dollars in Fannie and Freddie profits.

Pershing Square, the largest shareholder of both mortgage companies, said in the complaint that it was told the Fannie and Freddie stockholders no longer have fundamental shareholders rights. Pershing suggests that the mortgage companies’ dividends being paid to the Treasury should be shared among other common shareholders.

In a complaint filed Thursday, Pershing accused the government of violating the Fifth Amendment by taking private property for public use without just compensation.

— Reuters

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