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Stock Market & Financial Investment News

News Breaks
March 31, 2014
06:31 EDTSBHSally Beauty says security breach may have affected more than earlier estimated
Sally Beauty on Friday updated customers on its ongoing investigation of a data breach incident and on efforts to provide support to any customers who may have been affected by the incident. "The scope of the incident has not been fully determined. However, because of our commitment to protecting our customers we are offering one free year of credit monitoring and identity-theft protection for those customers who may have been affected by the incident. As we previously announced, on March 5, 2014, our systems detected an unauthorized intrusion into our Sally Beauty Supply LLC network. Over the last several weeks, we have been comprehensively investigating the security incident with the assistance of our advisers. Based on the investigation, we previously reported that, although we would not speculate on the scope of the incident, we discovered evidence that fewer than 25,000 records containing card-present payment card data may have been illegally accessed on our system. As a result of the continuing investigation, we now understand that a larger number of additional records containing payment card data may have been illegally accessed and removed from our systems. As we have said previously, we will not speculate on the scope of our recent data security incident until the forensic review progresses because experience with such incidents at other retailers has taught that it is difficult to ascertain the extent of a data breach incident until the required forensic review is complete. We will continue to provide updates regarding the status of the investigation and the steps we will be taking to assist any customers who may have been affected by the incident through our website, sallybeautyholdings.com. We will provide appropriate notifications to customers who may have been affected by the incident and others as the facts develop and we learn more."
News For SBH From The Last 14 Days
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August 20, 2014
18:35 EDTSBHOn The Fly: After Hours Movers
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17:30 EDTSBHSally Beauty authorizes new $1.0B share repurchase program
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