Security News > 2020 > August > Capital One Fined $80 Million in Data Breach

The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank's credit card holders.
The Comptroller of the Currency said in a consent order Thursday that Capital One failed in 2105 to establish effective risk management when it migrated information technology operations to a cloud-based service.
The consent order said Capital One has committed to fixing the problem.
Email to Capital One requesting comment wasn't immediately returned.
The accused hacker, former Amazon software engineer Paige Thompson, has pleaded innocent to charges related to the breach.
News URL
http://feedproxy.google.com/~r/Securityweek/~3/LtBw6ztrVQ8/capital-one-fined-80-million-data-breach
Related news
- Food giant WK Kellogg discloses data breach linked to Clop ransomware (source)
- The quiet data breach hiding in AI workflows (source)
- Hertz confirms customer info, drivers' licenses stolen in data breach (source)
- Hertz data breach: Customers in US, EU, UK, Australia and Canada affected (source)
- Landmark Admin data breach impact now reaches 1.6 million people (source)
- Entertainment services giant Legends International discloses data breach (source)
- 2025 Data Breach Investigations Report: Third-party breaches double (source)
- Yale New Haven Health data breach affects 5.5 million patients (source)
- Frederick Health data breach impacts nearly 1 million patients (source)
- Baltimore City Public Schools data breach affects over 31,000 people (source)