Capital One and its customers are the latest victims of a high-profile data breach impacting more than 100 million current/prospective credit card customers. The data compromised involved personally identifiable information such as name, address, email, social security number, credit score and bank account information. The breach occurred when a former software engineer discovered unencrypted sensitive data that belonged to Capital One Bank that was stored improperly on Amazon Web Service and copied it to GitHub, a popular web-based platform for software code version control used by many developers. Capital One's breach is the third largest data breach of a financial services company. In 2017, Equifax had more than 145 million records stolen. Heartland Payment Systems had more than 130 million records stolen in 2009.
Ten years have elapsed since the Heartland incident and large data breaches continue to occur. A closer look at recent history may offer three interesting lessons to learn about cybersecurity maturity.
What should companies learn from this latest breach?
You're Invited! Annual Not-For-Profit Accounting Update
Thursday, September 26, 2019
Hosted at Detroit Historical Museum
Save The Date!
Middle Market Manufacturing Outlook
Wednesday, October 23
Hosted at the Detriot Athletic Club
7:30 AM - 11:30 AM