NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

BRIEF-Capital One Announces Data Security Incident

Published 2019-07-29, 07:21 p/m
© Reuters.  BRIEF-Capital One Announces Data Security Incident
COF
-

July 29 (Reuters) - Capital One Financial Corp (NYSE:COF) COF.N :

* CAPITAL ONE ANNOUNCES DATA SECURITY INCIDENT

* CAPITAL ONE FINANCIAL - ON JULY 19 DETERMINED THERE WAS UNAUTHORIZED ACCESS BY OUTSIDE INDIVIDUAL WHO OBTAINED CERTAIN TYPES OF PERSONAL INFORMATION

* CAPITAL ONE FINANCIAL-IMMEDIATELY FIXED CONFIGURATION VULNERABILITY THAT THIS INDIVIDUAL EXPLOITED,PROMPTLY BEGAN WORKING WITH FEDERAL LAW ENFORCEMENT

* CAPITAL ONE FINANCIAL- BASED ON ANALYSIS TO DATE, THIS EVENT AFFECTED ABOUT 100 MILLION INDIVIDUALS IN UNITED STATES AND APPROXIMATELY 6 MILLION IN CANADA

* WE EXPECT INCIDENT TO GENERATE INCREMENTAL COSTS OF APPROXIMATELY $100 MILLION TO $150 MILLION IN 2019

* CAPITAL ONE FINANCIAL- OUTSIDE INDIVIDUAL OBTAINED INFORMATION RELATING TO PEOPLE WHO APPLIED FOR ITS CREDIT CARD PRODUCTS, CO'S CREDIT CARD CUSTOMERS

* CAPITAL ONE FINANCIAL- PERPETRATOR ARRESTED BY FEDERAL LAW ENFORCEMENT

* CAPITAL ONE FINANCIAL- FOR CANADIAN CREDIT CARD CUSTOMERS, APPROXIMATELY 1 MILLION SOCIAL INSURANCE NUMBERS WERE COMPROMISED IN THIS INCIDENT

* CAPITAL ONE FINANCIAL - INFORMATION ACCESSED INCLUDE NAMES,ADDRESSES, PHONE NUMBERS,EMAIL ADDRESS,DATES OF BIRTH,AND SELF-REPORTED INCOME OF CONSUMERS

* CAPITAL ONE FINANCIAL- NO CREDIT CARD ACCOUNT NUMBERS, LOG-IN CREDENTIALS WERE COMPROMISED, OVER 99 % OF SOCIAL SECURITY NUMBERS WERE NOT COMPROMISED

* CAPITAL ONE FINANCIAL- ABOUT 140,000 SOCIAL SECURITY NUMBERS OF CREDIT CARD CUSTOMERS WERE COMPROMISED

* ABOUT 80,000 LINKED BANK ACCOUNT NUMBERS OF SECURED CREDIT CARD CUSTOMERS WERE COMPROMISED

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.