Many Atlanta business owners and individuals may have heard the alarming news that Capital One’s systems were compromised leaving sensitive data exposed. It was reported that information on 100 million US customers was compromised from credit card applications (both small businesses and individuals) submitted between 2005 and early 2019. Information such as names, address, social security numbers, income information, phone numbers, and emails was exposed. It also appears that information on credit scores, limits and balances were also taken. The FBI has formally pressed charges against the suspected perpetrator who is believed to have acted alone. This situation has left many wondering what steps they can take to determine if they were impacted and how to protect themselves. To help clients, prospects, and others, Wilson Lewis has provided a summary of steps to protect sensitive information.
To learn more about the breach and how Capital One is responding they have compiled a list of FAQs which may be of interest.
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It’s essential to safeguard individual and business credit information to maintain a healthy financial profile. The unfortunate reality is such breaches are becoming more common and appropriate safeguards should be implemented. If you have questions about a tax, audit or financial reporting issue, Wilson Lewis can help! For additional information call us at 770-476-1004 or click here to contact us. We look forward to speaking with you soon.
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