Thousands of Americans’ Personal Information Exposed By Banking Giant Capital One, Alleges New Class Action Lawsuit

A significant data breach has exposed the sensitive information of numerous Capital One customers, leaving them vulnerable to potential identity theft for the rest of their lives, according to a recent class action lawsuit. The lawsuit, filed by Andrew Willoughby, alleges that Capital One Financial Corporation, along with its affiliated entities, Capital One N.A. and Capital One Bank (USA) N.A., failed to adequately protect customers’ personal identifiable information (PII) due to an employee’s negligence.
The breach, which occurred between August 11, 2022, and May 22, 2023, resulted in the unauthorized access of customers’ names, Social Security numbers, addresses, email addresses, dates of birth, telephone numbers, credit card numbers, transaction history, and other financial information. This breach was facilitated by the employee’s failure to maintain a sufficient security system, as stated in the lawsuit. Additionally, the lawsuit claims that the Capital One employee delayed notifying affected individuals of the breach, leaving them vulnerable to potential identity theft crimes.
As a result of this breach, Capital One customers are now faced with the ongoing threat of identity theft, with their personal information potentially being sold on the dark web or used for targeted marketing without their consent. The lawsuit emphasizes that unauthorized individuals can easily access customers’ PII, putting them at risk for various forms of financial and personal harm.
In addition to the data breach, Capital One has recently come under fire for allegedly engaging in “cancel culture,” as highlighted by President Donald Trump’s son Eric Trump. With total assets amounting to $490.1 billion as of last year, Capital One remains a prominent player in the financial industry.
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The original article source is credited to Midjourney.