A Seattle woman was accused by Federal prosecutors of stealing data from over 100 million loan applications from Capital One Financial Corp. It is incredible that most of this violation has been public for months in social media and other open online platforms known. Below is a more detailed look at the consequences of this incident and how to deal with such data breaches.
Capital One announced that a hacker has accessed the personal information of more than 100 million people who have applied for a loan. About 100 million people in the United States and 6 million people in Canada were affected by this data breach. The incident compromised approximately 140,000 US social security numbers and one million Canadian Social Security numbers. Personal data collected includes name, income, birth dates, addresses, telephone numbers and email addresses. According to the lawsuit, that person then tried to share the stolen information with other people on the Internet.
In recent years, many large banks have tried to reduce the risk of data leakage. However, such data breaches like that of Capital One will happen again. Capital One is committed to offering those affected with a two-year credit check. However, monitoring your credit report only looks for changes indicating that someone is using your personal information to open new accounts on your behalf. This does not prevent anyone from making an application for loan in your name. Fortunately, there are ways to defend consumers, businesses, and government officials against data breaches.
Avoid phishing and change your password regularly. The most important way is to increase your awareness of online security. Try to protect your privacy with useful tools such as VPN. Here we’d like to list several user-friendly VPNs for you, including ExpressVPN, TunnelBear and RitaVPN. Let’s start protecting your privacy with a VPN!