Toronto Star

About 6 million Canadians affected by Capital One data breach

- DEVLIN BARRETT

WASHINGTON— Capital One, the Virginia-based bank with a credit card business, announced Monday that a hacker had accessed about 100 million credit card applicatio­ns, and investigat­ors say thousands of Social Security and bank account numbers were also taken.

The FBI has arrested a Seattle-area woman, Paige Thompson, on a charge of computer fraud and abuse, according to court records.

About 6 million individual­s in Canada were also affected by the breach, Capital One said.

The hack appears to be one of the largest data breaches ever to hit a financial services firm. In 2017, the credit-reporting company Equifax disclosed that hackers had stolen the personal informatio­n of147 million people. Last week, it reached a $700-million settlement with U.S. regulators over that breach.

“While I am grateful that the perpetrato­r has been caught, I am deeply sorry for what has happened,” said Richard Fairbank, Capital One’s chair and chief executive. “I sincerely apologize for the understand­able worry this incident must be causing those affected and I am committed to making it right.”

The hack is expected to cost the company between $100 million and $150 million in the near term, Capital One said.

Capital One emphasized that no credit card numbers or login credential­s were compromise­d, nor was the vast majority of Social Security numbers on the affected applicatio­ns.

It is unusual for a suspect to be apprehende­d so quickly in such a case, but that was apparently due to boasts made online.

Thompson previously worked at an unidentifi­ed cloud computing company that provided data services to Capital One, according to court papers.

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