Tag: Capital One Financial Corporation

‘Feeding Frenzy’: How New Yorkers Plundered the Chicago Taxi Trade

Oct. 4, 2019 Image In the fall of 2006, Chicago held an auction to sell taxi medallions, the permits that let people own and operate cabs. Hundreds of bids poured in, including some offering to pay much more than expected. The city raised millions of dollars. Officials declared the sale a success. But there was […]

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Reckless Loans Devastated Taxi Drivers. Now Prosecutors Are Investigating.

Federal prosecutors in Manhattan have opened an investigation into possible lending fraud in the New York City taxi industry, the most significant action taken so far in response to widespread practices that trapped thousands of cabdrivers under crushing debt, according to people with knowledge of the inquiry. In the past month, agents have interviewed cabdrivers […]

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Capital One Hacking Suspect Had Data From Other Targets, Officials Say

The software engineer accused of stealing the personal information of more than 100 million people from Capital One also obtained data from over 30 companies and other organizations, according to federal prosecutors. In a court filing Tuesday, prosecutors said they found multiple terabytes of stolen data from other companies, educational institutions and other organizations on […]

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For Big Banks, It’s an Endless Fight With Hackers

Large financial companies have to thwart hundreds of thousands of cyberattacks every single day. Data thieves have to get lucky only once. Big banks like Capital One, the victim of a recent attack that captured the personal information of over 100 million people, are a target for digital troublemakers, like individual hackers trying to impress […]

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‘I’m Never Coming Back,’ the Woman at the Center of the Capital One Heist Warned Friends.

SEATTLE — Over months of discussions in online forums earlier this year, Paige Thompson acknowledged the personal challenges in her life: Suicidal thoughts, struggles to find employment and difficulties she had faced since transitioning to a woman years earlier. But those who knew her were nonetheless stunned by what came next: The arrest of Ms. […]

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Who Is the Woman Accused of Hacking Capital One?

Before she was arrested and accused of illegally obtaining the personal data of over 100 million people from Capital One, Paige Thompson, 33, had a public Twitter persona typical of a software engineer in Seattle. She commented often on programming chatter, fretted about her dating life and mourned the euthanasia of her cat, Millie. Millie’s […]

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Capital One Says Hacker Stole Data of 100 Million People

In one of the largest thefts of data from a bank, a software engineer in Seattle hacked into a server holding customer information for Capital One and stole millions of credit card applications, federal prosecutors said on Monday. The suspect, Paige Thompson, left a trail online for investigators to follow, according to court documents in […]

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Capital One Says Hacker Stole Data of About 100 Million People

A software engineer in Seattle hacked into a server holding customer data for Capital One and stole millions of credit card applications, federal prosecutors said on Monday. The engineer, Paige Thompson, gained access to 120,000 Social Security numbers and 77,000 bank account numbers, according to court papers, and tried to share the information with other […]

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Safe Deposit Boxes Aren’t Safe

In the early 1980s, when Philip Poniz moved to New Jersey from Colorado, he needed a well-protected place to stash his collection of rare watches. He had been gathering unusual pieces since he was a teenager in 1960s Poland, fascinated by their intricate mechanics. His hobby became his profession, and by the time of his […]

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