Capital One announced on July 19, 2019 that the personal information of more than 100 million of its U.S. customers was compromised in one of the largest data breaches involving a bank. In an official release from the company, Capital One noted that the information exposed includes names, addresses, emails, credit scores, and transaction data. In some cases, Social Security numbers and linked bank accounts of secured credit card customers were also compromised.
Capital One noted the breach occurred when a software engineer exploited a vulnerability and gained access to a company server. The company expects to lose between $100 million and $150 million from the hack, including costs related to customer notifications, credit monitoring, and legal support.
This News Brief will highlight how you can find out if you were impacted by the breach and what steps you can take to further protect your data.
Was I Affected by the Breach?
Information involved in the breach reportedly came from credit card application consumers and small businesses submitted between 2005 and 2019. Capital One has said that while the vulnerability has been addressed, they will continue to investigate the situation. The company also said it will notify impacted individuals directly and offer free credit monitoring and identity protection.
What Else Can I Do to Protect Myself?
Outside of taking advantage of Capital One’s credit monitoring and identity protection services, customers should consider doing the following to further protect their data:
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