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QuickPoll: Will you ditch your wallet and use an NFC phone for payments?

March 28, 2011 03:30 PM ET


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Richi Jennings

Crafty hackers hack craft stores -- again.

Michaels Stores (NYSE:MIK) has finally confirmed the details of the point-of-sale hack revealed in January. It's unclear what's taken them so long -- the company claims the hack was "highly sophisticated," but everyone uses a blah-blah phrase like that.

Your humble blogwatcher notes that the problem persisted for more than a month after the news first broke. smh.

In IT Blogwatch, bloggers are aghast that, for the second time, the company's POS was hacked -- lasting almost nine months.

Robert L. Mitchell