Following Capital One Privacy Breach, Brown Calls on Bank to Take Immediate Action to Help Protect Consumers

Brown says Capital One Must Increase Transparency, Help Consumers Protect Personal Information from Further Fraud, Identity Theft Calls on Corporations to Do More to Protect Consumer Data

WASHINGTON, D.C. – Today, U.S. Sen. Sherrod Brown (D-OH) – Ranking Member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, called on Capital One Bank to provide protections to consumers harmed by the recent privacy breach that affected more than 100 million Capital One customers and work to secure customers’ information from further fraud. The FBI says a hacker gained access to 140,000 social security numbers as well as personal information of millions of other customers including, credit scores, names and addresses.

The Capital One data breach follows massive breaches at Equifax, Marriott and Yahoo.

“These data breaches have become all too common, putting Americans’ personal information and financial security at risk. Capital One should outline exactly what occurred in March, how the company will help consumers protect their personal data from further abuse, and what steps it will take to prevent similar breaches from happening in the future. At the same time, as we continue to see massive privacy breaches harming consumers across the country and around the world, it’s past time for corporations to step up and do more to protect their customers from these attacks.”

According to Capital One, the beach occurred in late March and could potentially affect customers applying for credit cards as far back as 2005. The data breach harmed 100 million American customers, according to the company.

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