The CEO of Alliance Data apologized Wednesday for a massive data breach at the company's Epsilon subsidiary that may have allowed the names and email addresses of millions of customers at many of the nation's most prominent companies to fall into the hands of hackers.
"On behalf of the entire Alliance Data organization, we sincerely apologize,” said Ed Heffernan, chief executive officer of Alliance Data, in a press release Wednesday afternoon.
“While we can’t reverse what has already happened, we are taking every measure necessary to protect our clients and their most valuable assets — their customers. Once detected, we took immediate action to implement additional safeguards and launched a full investigation. We will leave no stone unturned and are dealing with this malicious act by highly sophisticated cyber-thieves with the greatest sense of urgency.”