Capital One Settles a Class-Action Lawsuit for $190 Million in a 2019 Hacking

Capital One has agreed to pay $190 million to settle a class-action lawsuit filed by customers of the bank after a hacker stole the personal data of more than 100 million people in 2019. The settlement would cover 98 million customers who were affected by the breach, which was one of the largest data thefts from a bank. Amazon Web Services, Capital One’s cloud services provider, denied liability but the case is being settled “in the interest of avoiding the time, expense and uncertainty of continued litigation,” according to a filing this week in federal court in the Eastern District of Virginia. The hacker, Paige Thompson, left an online trail for investigators to follow as she boasted about the breach, according to court documents in Seattle at the time. She was arrested and charged with one count of computer fraud and abuse. Capital One has set aside funds for the settlement and is investing in its cybersecurity program under new leadership, it said in a statement. 

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