Paige Thompson, a resident of United States is currently undergoing government indictment for alleged cyber attack activities. Thompson, commonly known by her online alias, “erratic , has been charged with executing a massive data breach on Capital One, one of the nations’ largest credit card issuing companies. The incident is said to have jeopardized sensitive information of over 100 million individuals in the US and around 3 million in Canada.

Thompson’s actions were brought to light following her boastful online activities on GitHub, a web-based hosting service for version control. The FBI, responsible for investigating incidents of this magnitude, received a tip-off from a GitHub user about Thompson’s illicit activities. Consequently, the 33-year-old Amazon Web Services (AWS) engineer was apprehended, and her errant activities were halted.

Following the incident, Capital One has swung into action to manage the crisis by informing affected customers and reinforcing their data security infrastructure to prevent further breaches. The company is offering free credit monitoring and identity protection to all customers affected by the breach.

Despite the money-saving opportunities provided by the thriving digital era, the risks of cyberattacks continue to loom over the financial services industry. Therefore, the onus is on financial institutions to not only ensure security of customers’ data but also respond swiftly and effectively to any breaches.

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