Capital One Fined $80 Million After One Year Of Data Breach The American bank holding firm Capital One has faced a huge fine for failing to protect users’ security. Specifically, the OCC has fined Capital One for $80 million over a 2019 data breach.

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OMG 80 Miliion is a big big amount.

Data breached and they have it after one year

This is really a huge fine.80 Million USD is not a small amount.

While the OCC encourages responsible innovation in all banks it supervises, sound risk management and internal controls are critical to ensuring bank operations remain safe and sound and adequately protect their customers. Attribution link: [https://latesthackingnews.com/2020/08/11/capital-one-fined-80-million-after-one-year-of-data-breach/](https://latesthackingnews.com/2020/08/11/capital-one-fined-80-million-after-one-year-of-data-breach/)

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At last, they got punished.

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