What’s in Their Wallets? Data Breach Impacts 106 Million Capital One Clients

by: The Knowledge Group

August 05, 2019


Capital One acknowledged a massive data breach last month, risking the privacy of more than 100 million North American customers. More than a million Canadian Social Insurance Numbers and U.S. Social Security numbers were accessed. Names, contact information, income information, credit scores, and transaction histories were all exposed. Authorities arrested a suspect who bragged about the hack online.

If this can happen to major financial industry players, does a business have any chance of averting security and PR nightmares?

Online CLE and CPE: Machine Learning vs. Identity Fraud

Join The Knowledge Group for a live webcast on fraud prevention, noon-2 pm ET on Thursday, August 29, 2019, as we discuss what lawyers and business managers should know about machine learning and fraud.

  • We’ll hear from Kevin King, Head of Marketing for ID Analytics, a Symantec Company, on the ways fraudsters themselves learn and hone their techniques. King will also outline best practices for implementing machine learning tools.
  • Clyde Langley, Fraud Risk & Financial Crimes Risk Management VP at Charles Schwab, will examine the way machine learning works, criminals’ ability to circumvent controls, and fraud detection choices based on in-house capabilities.
  • Wayne Shoumaker, Senior Vice President and Quantitative Analytics Manager at Wells Fargo, will examine the broad range of threats, providing a nuts-and-bolts explanation of how machine learning works with the data.
  • As fraud evolves, automated machine retraining picks up on patterns left behind by fraudsters. Sean Naismith, General Manager and Head of Analytics Services for Enova Decisions, will tell us how it works.

Register today for free, and join us for this information-packed Business & Corporation CLE/CPE.