If facing a $350 million class action lawsuit in Ontario isn’t enough, Capital One who was pwned by a hacker recently, which in turn leaked the personal data of 100 million people including 6 million or so in Canada has been slapped with a $600 million lawsuit in Ontario. Lawyer Vadim Kats is behind this latest suit and you can find the details here.
But that’s not all. The Privacy Commissioner of Canada is investigating this. And that’s really bad news for the credit card company as The Privacy Commissioner of Canada can really make companies who are in this situation pay. And what’s interesting is that I haven’t heard of any action from the US Congress. Which is weird as we’re just entering an election cycle over there and this sort of thing is really good for US politicians to get some TV time to help their re-election chances.
What’s clear here is that Canada is taking the lead in terms of holding Capital One accountable for this. Thus I’ll be watching this closely as this is sure to evolve quickly.
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This entry was posted on August 15, 2019 at 9:55 am and is filed under Commentary with tags Capital One. You can follow any responses to this entry through the RSS 2.0 feed.
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Capital One Faces More Trouble In Canada
If facing a $350 million class action lawsuit in Ontario isn’t enough, Capital One who was pwned by a hacker recently, which in turn leaked the personal data of 100 million people including 6 million or so in Canada has been slapped with a $600 million lawsuit in Ontario. Lawyer Vadim Kats is behind this latest suit and you can find the details here.
But that’s not all. The Privacy Commissioner of Canada is investigating this. And that’s really bad news for the credit card company as The Privacy Commissioner of Canada can really make companies who are in this situation pay. And what’s interesting is that I haven’t heard of any action from the US Congress. Which is weird as we’re just entering an election cycle over there and this sort of thing is really good for US politicians to get some TV time to help their re-election chances.
What’s clear here is that Canada is taking the lead in terms of holding Capital One accountable for this. Thus I’ll be watching this closely as this is sure to evolve quickly.
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This entry was posted on August 15, 2019 at 9:55 am and is filed under Commentary with tags Capital One. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.