NY ATTORNEY GENERAL JAMES ANNOUNCES INVESTIGATION INTO CAPITAL ONE CONSUMER DATA BREACH

-A +A
0

[Consumer Protection News]
NY Attorney General James: “It is becoming far too commonplace that financial institutions are susceptible to hacks, begging the questions: Why do these breaches continue to take place? And are companies doing enough to prevent future data breaches?"
Photo: Facebook

Attorney General Letitia James today released the following statement following news that Capital One’s system was breached, and that the personal information of 100 million consumers was illegally accessed:

“Today, 100 million consumers across America are wondering if they were unfortunate enough to be a victim of the most recent data breach. Though Capital One’s breach was internal, the fact still remains that safeguards were missing that allowed for the illegal access of consumers’ names, Social Security numbers, dates of birth, addresses, and other highly sensitive, personal information.

“It is becoming far too commonplace that financial institutions are susceptible to hacks, begging the questions: Why do these breaches continue to take place? And are companies doing enough to prevent future data breaches?

“My office will begin an immediate investigation into Capital One’s breach, and will work to ensure that New Yorkers who were victims of this breach are provided relief. We cannot allow hacks of this nature to become every day occurrences.”

Last week, Attorney General James led a nationwide announcement providing restitution to the more than 147 million consumers affected by the breach of Equifax Inc. in 2017.

Additionally, Attorney General James, last week, applauded the signing of the Stop Hacks and Improve Electronic Data Security (SHIELD) Act — a legislative priority of the Office of the Attorney General during the 2019 session — into law. This major overhaul of data security laws expands the trigger for data breach notifications, requires all companies that collect or store personal information to maintain appropriate safeguards, and broadens the Attorney General’s oversight and ability to fine companies for failure to protect personal information.

Also Check Out...

the new program specifically aims to address the larger question of what factors contribute to many Black and other minority bus
Black and minority-owned
Jimmie Lee Jackson and James Reeb––ignited the now historic march from Selma to Montgomery
New Book Chronicles 1965 Murders
“These are the conversations Black journalists are having amongst themselves every day,” says Schiavocampo.
Award-Winning Black Journalists
 federal agencies tapping protesters’ phones in Portland
Wyden presses DHS on “
Ethiopia, Algeria and Nigeria, have struggled with bigger outbreaks, most countries on
Africa has held off the worst of
Mobs of white citizens often burned down Black communities' schools while government officials stood by and watched.
Do America's Public Schools