Capital One ordered to pay $80 million penalty for its position in a 2019 information breach

Picture by JOHANNES EISELE/AFP through Getty Photographs

Capital One pays an $80 million civil penalty for its position in a 2019 safety breach that uncovered the private information of greater than 100 million prospects, The Wall Street Journal reported. In a scathing report on its investigation into the breach, the Workplace of the Comptroller of Foreign money, a part of the US Treasury. stated Capital One was conscious its safety practices had been woefully inadequate, and that the corporate’s board of administrators “didn’t take efficient actions to carry administration accountable.”

The breach happened in March and April of 2019, however Capital One was apparently not conscious of the issue till mid-July. That’s when somebody tipped the corporate to a public GitHub web page the place non-public Capital One information was out there. That led…

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