CFPB / Regulatory

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The OCC slaps Capital One with $80M fine over cybersecurity, risk management practices

Aug 06, 2020By

On Thursday, the Office of the Comptroller of the Currency said that it has assessed an $80 million civil money penalty against Capital One N.A., and Capital One Bank (USA) N.A. related to the migration of “significant” IT operations to the cloud.

3d rendering of a row of luxury townhouses along a street

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