capital one News

Capital One Breach Clouds Technology Strategy; Puts $400M Cyber Insurance in Play

Capital One Financial Corp., in recent years, has beat the drum every chance it got: The cloud is cheaper. The cloud is faster. And the cloud is far more secure. Then a hacker got into the cloud, siphoning off sensitive …

Capital One Investors Wary of Reputational Impact of Data Breach

Capital One Financial Corp.’s assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank’s shares closing down 5.9%. Capital One said the prior day that 106 …

Capital One Reports Data Breach of 100 Million Accounts; Suspect Arrested

Capital One Financial Corp. said on Monday personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been …