Chipotle warned this week that the company's card security system was likely breached, potentially compromising customers' security.
According to Fortune, CFO Jack Hartung told Wall Street analysts during an investor presentation that the company's payment processing system was hacked.
We recently detected unauthorized activity on the network that supports payment processing for purchases made in our restaurants.
Investigators are focusing on payment card transactions made in restaurants between March 24 and April 18 of this year. The Denver-based burrito chain is investigating with the help of cyber security firms and law enforcement. However, the gains were erased when the company revealed that it had experienced a data breach. "We believe actions we have taken have stopped the unauthorised activity, and we have implemented additional security enhancements". "Because our investigation is continuing, complete findings are not available and it is too early to provide further details on the investigation", the statement added.
Chipotle plans to notify any affected customers when it gets "further clarity" about the timeframes and the restaurant locations that were affected.
Chipotle warned customers to monitor their debit and credit card statements and to contact their financial institutions if they notice any unauthorized transactions.