Capital One data breach affects more than 100 million

Capital One data breach affects more than 100 million



Capital One announced Monday a data breach that has put 100 million customer accounts and credit applications at risk the compromised data includes 140,000 social security numbers 1 million Canadian Social Insurance numbers and 80,000 bank account numbers as well as an unknown number of names addresses balances credit limits and other vital information the Justice Department says 33 year-old Paige Thompson has been arrested in connection with the breach they allege that Thompson who had previously worked as a tech company's software engineer quote posted on the information sharing site github about her theft of information from the server storing Capital One data the company claims that although around a hundred million in the US and about 6 million in Canada were affected quote no credit card account numbers or login credentials were compromised and over 99% of social security numbers were not compromised alright let's bring in Paul Auster he is the CEO of a credit repair firm and he is a cyber security expert Paul welcome back to chasing news how are you great thanks should I be back Paul let me ask you I I hear something like this and to be honest I'm unfazed by it I feel like with credit card fraud today if something goes wrong with your card you call the company say hey somebody made a charge and you move on am I am I wrong to not be concerned you are bill unfortunately we've become numb to the data breaches but the reality is if you've ever spoken to somebody who's been a victim of identity theft it creates a real nightmare for the actual victim so it's not just this capital one data breach what do you advise people to do bill what you need to do and what the viewers need to do is go to irs.gov and create your online account go to the Social Security Administration and do the same thing change your pins and passphrases on all of your accounts as soon as possible alright that is great advice thank you Paul I really appreciate your time tonight thanks for having me on

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