Capital One data breach tied to cloud computing vulnerability
Capital One’s data breach has turned attention to an often-overlooked vulnerability in securing online information: cloud computing.
Believed to be one of the largest in banking history, the hack exposed personal details of about 106 million individuals in the U.S. and Canada, including 140,000 Social Security numbers and 80,000 bank account details from people applying for Capital One products.
According to authorities, the hacking suspect didn’t directly breach the financial institution’s networks but exploited a weakness in the firewall of a cloud computing firm used by Capital One to store its vast amounts of data.
The breach, privacy experts say, underscores the delicate balance the cloud computing platforms have struck between security and efficiency.
“The biggest security challenges seem to be that we can’t get large corporations to protect against the simple attacks,” Marty Puranik, CEO of cloud services provider Atlantic.net, told The Washington Times.