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Home / Business / Millions hit in new rupture

Millions hit in new rupture

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Massive data breach hits Capital One affecting more than 100 million customers

A Seattle woman is accused of stealing tens of millions of Capital One credit card applications in one of the biggest data breaches.

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Equifax will pay at least $ 575 million in a settlement stemming from one of the largest data security failures ever.
USA TODAY

A Seattle woman is accused of stealing data from more than 100 million Capital One credit card applications in what is known as one of the largest data breaches ever.

The FBI arrested Paige A. Thompson on Monday for the huge data theft that occurred between March 12 and July 17. Among the data allegedly collected from a company's cloud-based server were Social Security and bank account numbers.

Last week, Equifax reached an agreement with the Federal Trade Commission, the Consumer Financial Protection Bureau and 50 states for the 2017 breach that affected approximately 147 million Americans.

The agreement requires Equifax to pay at least $ 575 million, including $ 300 million for free credit monitoring services, $ 175 million to states, the District of Columbia and Puerto Rico, and $ 100 million in penalties to the CFPB.

And on Monday, the Los Angeles Police Department reported a data breach that revealed personal information about thousands of officers and searchers.

This story is evolving and will be updated.

Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko

Read or share this story: https://www.usatoday.com / story / money / 2019/07/29/capital -data-violations-2019-million-hit-new-violations / 1863259001 /


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