Taking too long? Close loading screen.
Connect with us

Tech

Capital One’s Forking Over $80 Million For Being Shit At Cybersecurity

Published

on

Capitol One is being slapped with an $80 million dollar fine for its role in a 2019 breach that exposed the data of over 100 million customers. According to a statement issued Thursday by the Office of the Comptroller of Currency (OCC)—the wing of the US Department of Treasury meant to regulate all things banking—Capitol One didn’t just have lax security practices, but it knew they were insufficient and hid its self-made mess from scrutiny for years before the whole thing blew up in its face.

Advertisement

Reading through the OCC’s own investigation that led up to the fine, the results are… unflattering for Capital One, to say the least. Since the bank pivoting to being a cloud-based enterprise in 2015, their own internal audits of these new systems completely glossed over some of the glaring potholes that can come packaged with these sorts of data storage systems. Not only that, but whatever audit details they did pass onto their oversight committee at the time completely failed to “effectively report on and highlight identified weaknesses and gaps,”deliberately or otherwise. On top of all that, the doc points out that for certain security concerns auditors raised, Capitol One’s board “ failed to take effective actions to hold management accountable,” even when they promised they would. Whoops!

In the end, this was the sort of ass-dragging behavior that would result in one of the most high-profile bank heists to date. In 2019, ex-Amazon engineer Paige Thompson snuck through Capital One’s shit security and got her hands on 140,000 Social Security numbers and 80,000 bank account numbers. Since then, the company’s said that it’s “invested significant additional resources into further strengthening our cyber defenses.”

Advertisement

Aside from this, the OCC is also mandating that the banking chain appoint a three-or-more-person “compliance committee” by the end of this month, the majority of whose members can’t be employees of Capitol One or its affiliates—probably since, y’know, they’ve proven themselves to be less-than-proactive in the past. This committee’s set to have meetings every quarter, with the first happening this coming October, when they’re expected to present a full, written plan of how they’re going to keep up with the OCC’s cybersecurity (and the Board’s) standards moving forward.

Of course, $80 million might sound like a lot, but as usual, this is only a fraction of a fraction of a fraction of the company’s overall bottom line—which, as they proudly told investors, reached a record-breaking $28.6 billion for 2019. (Profits have since dipped, but as a result of the global pandemic.) In the end, none of that cash—and none of the fine—is going to make its way to the millions that were actually hit by this corporation’s gross, obvious negligence. Instead, according to the OCC, it’ll be paid to the US Department of Treasury.

Source : Gizmodo Read More

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

Published

on

Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

Advertisement

Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

Advertisement


Source

Continue Reading

Tech

Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

Published

on

Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

Advertisement

That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

Advertisement

Grab this offer while it’s still around!


Source

Continue Reading

Tech

Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

Published

on

Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

Advertisement

You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

Advertisement


Source

Continue Reading

Trending