America's largest home improvement chain Home Depot has confirmed that its payment system has been hacked in a data breach in more than 2,000 stores in the United States and Canada.
The company said that millions of credit and debit cards of shoppers could be affected. However, the exact number was not revealed.
The company confirmed after a cybersecurity website reported a possible hack of Home Depot's data.
Chairman and CEO of the company Frank Blake said that they apologized to their customers for the anxiety caused and that they were working through the issue, reported ABC News.
Retailers, card companies and banks have sped up the adoption of microchips in credit and debit cards that makes transactions more secure.
Home Depot authorities said they would install chip-enabled check out spots in all U.S. stores by the end of the year.
