Our attorneys are investigating a Capital One data breach lawsuit after Capital One announced on July 29, 2019, that a hacker had accessed about 100 million credit card applications. CNN reports that thousands of Social Security numbers and bank account number were also stolen.
Capital One Data Breach: "One of the Largest" -CNN
CNN reports that the Capital One “hack appears to be one of the largest data breaches ever to hit a financial services firm.” Capital One told the FBI that at approximately 77,000 bank account were compromised and that millions of applicants’ names, addresses, dates of birth, and credit histories were compromised in an unencrypted format.
CNN notes that the Equifax data breach was even larger, affecting 147 million people. Our firm was part of the leadership team in the Equifax data breach lawsuit that recently helped reach a settlement in which Equifax agreed to initially pay over $380 million into a fund for affected consumers and spend at least $1 billion improving its data security. If you were affected by that breach, please fill out your claim form for the Equifax settlement.
Capital One estimates that the data breach would cost it between $100 million and $150 million in the near term, reports CNN.
The FBI already has a suspect for the hack in custody.
Our Data Breach Lawsuit Experience
Our firm has represented plaintiffs in complex lawsuits involving some of the nation’s largest data breaches, including litigation against Anthem, Adobe, Home Depot, Excellus Blue Cross and Blue Shield, and Banner Health, among others. In the past, we have successfully represented consumers with data breach and privacy claims involving HealthNet and Certegy Check Services.
Eric Gibbs has established himself as a leader in emerging litigation involving data breach and privacy. He was court-appointed to the four-member leadership team in the Anthem Data Breach Litigation, which recently settled for $115 million, the largest data breach settlement in history (settlement pending final Court approval). Eric secured a landmark ruling in the Adobe Systems, Inc. Privacy Litigation, which makes it easier for plaintiffs to seek relief following a breach. He was recently selected from among a pool of attorneys from across the country to serve as co-lead counsel in the Vizio, Inc., Consumer Privacy Litigation.
Eric co-founded the American Association for Justice’s Data Breach and Privacy Litigation Group, and has served as chair and organizer of several consumer privacy conferences on best practices and developments in consumer privacy litigation.