100 Million Capital One Customers and Applicants Data Breached by Seattle Woman Charged with Hacking Incident
Summary
The popularized Capital One slogan, "whats in your wallet", doesnt sound all that great at the moment as the fifth-largest U.S. credit-card issuer is hit with one of the largest data breaches of a big bank. Thompson is accused of attacking Capital One through a firewall that gave access to customer data stored on Amazons cloud service. " Capital One is still investigating the situation while its CEO, Richard Fairbank, said in a statement, "I sincerely apologize for the understandable worry this incident must be causing those affected and I am committed to making it right. Currently, Capital One is notifying people affected by the breach and will take the necessary actions to offer free credit monitoring and identity theft protection. We suspect the Capital One hacking case will be an eye-opener for other institutions and lead to others to tread carefully in their decisions and data storage solutions in the future.
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