Staples Volatile After Security Breach Update

Shares of Staples, Inc. SPLS were volatile near the close Friday as the company provided an update on a security breach.

According to a press release, “Staples’ data security experts detected that criminals deployed malware to some point-of-sale systems at 115 of its more than 1,400 U.S. retail stores.

“Upon detection, Staples immediately took action to eradicate the malware in mid-September and to further enhance its security. Staples also retained outside data security experts to investigate the incident and has worked closely with payment card companies and law enforcement on this matter.”

At 113 stores, the malware may have allowed access to personal customer data for purchases made from August 10, 2014 through September 16, 2014. At two stores, the malware may have allowed access to data from purchases made from July 20, 2014 through September 16, 2014, according to the release.

Staples, Inc. traded at $17.54 in the aftermarket session, down 0.06 percent.