Starbucks Corp. is denying reports that hackers illegally gained entry into accounts of some users of its mobile app. Multiple media reports have indicated hackers broke into hundreds of
accounts of Starbucks app users, stole their stored value, and leveraged the reload function to obtain customer payment card data. In a statement, Starbucks said news reports of a
hack are false and that it occasionally receives reports of unauthorized activity caused by criminals re-using names and passwords stolen from other customer accounts. “Like
all major retailers, the company has safeguards in place to constantly monitor for fraudulent activity and works closely with financial institutions,” said the statement. “To protect the
integrity of these security measures, Starbucks will not disclose specific details but can assure customers their security is incredibly important and all concerns related to customer security are
taken seriously.”Read the whole story at Chain Store Age »