A computer scientist is said to have gained access to private data from loan applicants at US bank Capital One. The suspect was arrested. A hacker is said to have gained access to private data from more than 100 million loan applicants at US bank Capital One. The suspect, a 33 year-old Seattle based computer engineer was arrested and first appeared on Monday in a Seattle court.
The impairments in the system were discovered in July and immediately reported to the police, Capital One said. Two days earlier, according to an FBI lawsuit, someone emailed the bank that apparently stolen data had appeared on Microsoft’s GitHub software development platform. And a month before the email was received, a Twitter account by Bank Capitol One threatened to circulate personal customer information such as names, birthdays and social security numbers. The suspect is said to have been traveling online under the name erratic. On Monday, the FBI raided the suspects home and confiscated digital devices. The first search uncovered files with references to Capital One and other institutions that were possibly targets of attempted network intervention.
Hacked Data Comes From Information That Customers And Small Businesses Stored In 15 Years
The stolen information is unlikely to have been misused for criminal activity, such as fraud. But the investigation would continue, Capital One said. According to this, most of the hacked data comes from information that customers and small businesses stored between 2005 and early 20202 when they applied for credit cards. In addition to information on creditworthiness, account balances, telephone numbers, email addresses, birthdays and self-disclosure on income, the suspect also managed to access parts of transaction information over a period of 20 days.
Vulnerability In The Cloud Used?
The hacker apparently used a vulnerability in a Capital One cloud to access the data. The theft was not noticed until an internet user saw a post on the GitHub website in mid-July in which the woman bragged about data theft and informed the major bank specializing in credit cards. The investigation found that she had been the target of a hacker attack since last year and turned the FBI on. Capital One boss apologized to customers for data theft. The stolen information is unlikely to have been misused for criminal activity, such as fraud. The bank is the fifth largest credit card provider in the United States. The arrested hacker faces five years in prison and a 250,000 dollars fine if convicted.