Electronics retailer Dixons Carphone has suffered a massive data breach, with attackers accessing 5.9 million customer payment-card details and a further 1.2 million records containing personal information.
It is investigating the hacking attempt, which happened a year ago.
"While Dixons has said that there is no evidence of fraud taking place, now the data is in the criminal sphere, it's unlikely to be long before it starts being shopped around amongst criminals, with ensuing phishing and bruteforce attacks launched".
In addition, Dixons Carphone said 1.2 million personal data records were hacked.
It goes on to offer the not-entirely-reassuring reassurance that it has "no evidence to date of any fraudulent use of the data as result of these incidents" before admitting the compromised information included (incomplete, in some cases) payment card data.
"The protection of our data has to be at the heart of our business, and we've fallen short here". "We've taken action to close off this unauthorized access and though we have now no evidence of fraud as a result of these incidents, we are taking this extremely seriously". Paul German, CEO at Certes Networks, commented: "Despite the well-publicised Target data breach, it seems that other retailers are still not adopting appropriate cybersecurity strategies".
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The remaining 105,000 cards are a non-EU issue and these will be vulnerable to fraud.
Dixons Carphone said it had called in cyber experts and added extra security to its systems following the breach, while also since calling in the police and relevant authorities.
According to a statement made by the company, the security breach was discovered during a recent review of the company's systems and data. Baldock added that Dixons Carphone has also "added extra security measures" to its systems.
Yesterday also saw Yahoo's United Kingdom arm fined £250,000 for a data breach in 2014 which affected more than 500 million users.
They claim stolen data is not believed to have left internal systems, but are advising customers to take protective steps anyway.
It said there was now no evidence of any fraudulent use of the information - with the vast majority of the cards having chip and pin protection.