Subscribe / Renew |
|
Contact Us |
|
► Subscribe to our Free Weekly Newsletter |
home | Welcome, sign in or click here to subscribe. | login |
August 10, 2020
WASHINGTON (AP) — The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank's credit card holders.
The Comptroller of the Currency said in a consent order Thursday that Capital One failed in 2105 to establish effective risk management when it migrated information technology operations to a cloud-based service.
. . .