Capital One said they were able to fix their servers' vulnerabilities once they caught wind of the breach and will continue to monitor their security systems closely to avoid another hack.
In addition to the $180 million class action lawsuit, the bank was fined $80 million and has agreed to enhance its cloud security standards after it was discovered to have inadequate security and that it could have prevented the breach in the first place. However, Thompson was not the only one held liable for the breach. Currently, Thompson is scheduled to receive her sentencing on September 15, 2022. Then in June, she was convicted of wire fraud, unauthorized access, and damages to a protected computer. The FB ultimately arrested Thompson in connection with the case.
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The Department of Justice (DOJ) stated in a release, "With some of her illegal access, Thompson embedded a cryptocurrency mining software on new servers with the income from the mining going to her online wallet." The DOJ also mentioned that she used an alias to boast on social media and other online forums about how she masterminded the attack. This breached private information included details of credit card applications for private and small-business accounts dating between 2005 and early 2019. What Happened in the 2019 Data Breach?Īccording to Capital One, former engineer and Amazon cloud employee Paige Thompson illegally accessed the personal information of Capital One customers.
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Below is everything you need to know about the Capital One data breach, the settlement, how to find out if you're eligible for compensation, how much you could receive, and the deadline for filing a claim.
According to the report, a hacker was able to access the personal information of over 100 million Capital One customers and applicants while going undetected by the bank for approximately four months until it was made public in July 2019. In March 2019, the banking company Capital One would fall victim to one of the largest financial security breaches in United States history.
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