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Capital One says it was hit with data breach, affecting tens of millions of credit card applications

Jul 30, 2019, 05:25 IST

The logo and ticker for Capital One are displayed on a screen on the floor of the NYSE in New YorkReuters

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  • Capital One says it was hit with a data breach, affecting an estimated 100 million US individuals and approximately 6 million in Canada.
  • Paige A. Thompson, a former software engineer, was arrested Monday by FBI in Seattle.
  • She appeared in court and was charged with a single count of computer fraud and abuse, which carries a sentence of up to five years in prison and a $250,000 fine.
  • Visit Business Insider's homepage for more stories.

Capital One says it was hit with a data breach, affecting an estimated 100 million US individuals and approximately 6 million in Canada, according to a press release published Monday.

Here's what was compromised:

  • According the Capital One statement, the largest category of information that was accessed pertained to consumers and small businesses, who applied for credit cards between 2005 and early 2019, which includes personal information from credit card applications, such as names, addresses, zip codes/postal codes, phone numbers, email addresses, dates of birth, and self-reported income.
  • Data involving transactions and customer status was also accessed, including credit scores, credit limits, balances, payment history, and contact information.
  • Approximately 140,000 credit card customers' Social Security numbers
  • Approximately 80,000 of credit card customers' linked bank account numbers

"Importantly, no credit card account numbers or log-in credentials were compromised and over 99 percent of Social Security numbers were not compromised," according to Capital One.

Paige A. Thompson, a former software engineer, was arrested Monday by FBI in Seattle, according to a press release from the Justice Department. She appeared in court and was charged with a single count of computer fraud and abuse, which carries a sentence of up to five years in prison and a $250,000 fine.

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"While I am grateful that the perpetrator has been caught, I am deeply sorry for what has happened," Capital One Chairman and CEO Richard D. Fairbank said in a statement. "I sincerely apologize for the understandable worry this incident must be causing those affected and I am committed to making it right."

This story is developing and will be updated accordingly as more details emerge.

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