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Dixons Carphone admits cyber security measures fell short after revealing hack attempt

StockMarketWire.com

Shares of Dixons Carphone fell Wednesday after the company disclosed that cyber criminals had attempted to steal millions of credit card records from payment processing systems at Currys PC World and Dixons Travel stores.

The company said its ongoing investigation currently indicated that there was an attempt to compromise 5.9m cards.

Separately, the investigation had also found that 1.2m records containing non-financial personal data, such as name, address or email address, had been accessed.

The company said there was currently no evidence that this information had left its systems or had resulted in any fraud but conceded that its cyber security measures had fallen short.

'We are extremely disappointed and sorry for any upset this may cause. The protection of our data has to be at the heart of our business, and we've fallen short here,' said Dixons Carphone Chief Executive, Alex Baldock.

'We are determined to put this right and are taking steps to do so; we promptly launched an investigation, engaged leading cyber security experts, added extra security measures to our systems and will be communicating directly with those affected.'

At 8:54am: (LON:DC.) Dixons Carphone share price was -6.57p at 191.18p



Story provided by StockMarketWire.com