News accounts detailing how credit card data might have been stolen from Polo Ralph Lauren shoppers are overblown, said Tom Nicholson, vice president of public relations for HSBC North America. Information on 180,000 credit card shoppers might have been in jeopardy, Nicholson said. HSBC North America, which offers General Motors-branded MasterCards to consumers, notified its cardholders in February that an unnamed retailer had a credit card monitoring system in place that did not automatically purge customer account information after transactions between June 2002 and December 2004. Of the 180,000 transactions, about 127,000 were with a GM credit card. Other transactions occurred with other major credit cards, Nicholson said.

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