Capital One says data breach affected 100 million credit card applications
Capital One, the Virginia-based bank with a popular credit card business, announced Monday that a hacker had accessed about 100 million credit card applications, and investigators say thousands of Social Security and bank account numbers were also taken.
The FBI has arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse, according to court records.
The hack appears to be one of the largest data breaches ever to hit a financial services firm. In 2017, the credit-reporting company Equifax disclosed that hackers had stolen the personal information of 147 million people. Last week, it reached a $700 million settlement with U.S. regulators over that breach.
“While I am grateful that the perpetrator has been caught, I am deeply sorry for what has happened,” said Richard D. Fairbank, Capital One’s chairman and chief executive. “I sincerely apologize for the understandable worry this incident must be causing those affected and I am committed to making it right.”continue reading »