New York Attorney General vows to investigate Capital One breach and provide citizens...

[Polycount]

In context: Just as one breach saga comes to a close, another has already begun -- mere days after we reported on Equifax's long-awaited $575 million settlement with the FTC (following the former's massive data breach), Capital One has disclosed a significant data breach of its own. We covered the story in more detail earlier today, but now we have some follow-up news to discuss.

New York Attorney General Letitia James -- a woman known to scrutinize major corporations following scandals -- announced on Twitter today that she and her team are beginning an "immediate" investigation into the Capital One breach. James also expresses her frustration with the frequency of these hacks, saying that they are "becoming far too commonplace."

James hopes that, after finalizing her investigation, she'll be armed with the knowledge and power to provide New York-based victims of the Capital One breach with "relief." It's unclear what she means by that, but presumably, she will fight for compensation of some sort; whether it comes in the form of cash payouts or free services.

We will begin an immediate investigation into the @CapitalOne breach, and will work to ensure that New Yorkers who were victims of this breach are provided relief.

These hacks are becoming far too commonplace and we cannot allow this to become every day occurrences.

— NY AG James (@NewYorkStateAG) July 30, 2019

To summarize the incident for anyone who hasn't looked into it too heavily, the recent Capital One hack exposed the information of over 100 million US and Canada-based users. In short, if you applied for Capital One credit card between 2005 and now, you may be at risk. Compromised details include addresses, names, emails, phone numbers, and -- in a handful of cases -- even social security numbers and credit scores.

Though not quite as bad as the Equifax breach (which exposed the private financial details of roughly 147 million Americans), this event is still quite serious. If you've been affected by this breach and want to obtain compensation, you'll probably be waiting a while.

It took Equifax roughly two years to reach a settlement and given Capital One's immense legal resources, we can probably expect any similar agreements (if they occur at all) to take roughly as long.

Permalink to story.

https://www.techspot.com/news/81217-new-york-attorney-general-vows-investigate-capital-one.html

 

[Dimitrios]

Anyone had their CapitalOne due date changed? I got in the mail a few days ago my date changed from the 24th to the 8th. Their excuse was this : Thanks for reaching out to us. As a result of some recent system updates, the payment due date for your card is going to change. However, if you've requested a due date change within the last 45 days, this may not apply for your account. Please continue to review your statements for the most current account information. ^JS

MINE you I have had this credit card when I was 18 and I'm 35 and only missed one payment bu 1-2 days and that was years back.

 

[psycros]

Obviously an attorney general has much to gain politically (and, indirectly, financially) by going after a vulnerable target with such a significant presence in her jurisdiction. Nevertheless, she's not wrong: these kinds of security failures shouldn't be commonplace. I think its time for the government to pick a side - security or spying. If they choose security then they need to hold meetings with the most capable American IT outfits money can retain and come up with serious universal security standards for every public or private entity. There must also be price controls attached so it doesn't become another military-industrial complex or massive entitlement program. If they instead choose spying then the feds could at least build VPNS into all those massive data centers where their illegally wiretapping us (illegal because secret laws are still unconstitutional). Anyone who wanted your real IP would need to petition law enforcement and all connections would be monitored for hacking attempts. I could almost stomach a certain level of automated surveillance if I knew that every time I got online there was end-to-end encryption. In that scenario the meme about "my FBI guy" might not be a joke for very long. The NSA and related agencies could also try the Chinese approach of being both censor and defender but I don't think that would go over well with the average American. Or maybe the younger generations are so conditioned to accept universal surveillance that it could actually be implemented without too much protest..I honestly can't say.

 

[scavengerspc]

So far I havent heard anything from them so Im keeping my fingers crossed. I did change some passwords though.

 

[Dimitrios]

Here is the video of the arrest. https://www.liveleak.com/view?t=suOSH_1564542893

 

[SantistaUSA]

Same thing happened to me and I was supposed to get a billing statement this past 25th and nothing.

Anyone had their CapitalOne due date changed? I got in the mail a few days ago my date changed from the 24th to the 8th. Their excuse was this : Thanks for reaching out to us. As a result of some recent system updates, the payment due date for your card is going to change. However, if you've requested a due date change within the last 45 days, this may not apply for your account. Please continue to review your statements for the most current account information. ^JS

MINE you I have had this credit card when I was 18 and I'm 35 and only missed one payment bu 1-2 days and that was years back.

 

[scavengerspc]

Or maybe the younger generations are so conditioned to accept universal surveillance that it could actually be implemented without too much protest..I honestly can't say.

Do you ever get the feeling that is becoming more and more true? I sure as hell do. Kinda unnerving.