ST. LOUIS (4/2/13)--Schnucks Markets, a privately held chain of more than 90 supermarkets in St. Louis and the Midwest, is looking into a widespread credit card security breach in which one customer was hit with $10,000 in fraudulent charges.
Credit unions and banks say they are ready to help members and customers correct their account balances after the breach (KTVI March 27 and fox2now.com March 29).
Reports from financial institutions indicate new claims by cardholders who used their cards at Schnucks are filed every day, said KTVI. Costs to financial institutions range from $10,000 to $60,000--and that figure could rise, KTVI added.
Last week, consumers throughout the St. Louis metropolitan area reported their credit cards and debit cards were used to buy expensive items in other U.S. cities and Canada. It is assumed that Schnucks is the common element in the breaches, KTVI said. However, one police source said the department has other breach cases, too.
The store is searching for the hacker by working with a forensics expert, KTVI said.