The best companies to work for as rated by Black employees
Employees rated the companies based on how equitable they think their pay practices are, opportunity for promotion and other criteria. "The experiences of different demographic groups inside companies — employees of different races/ethnicities, gender identities, sexual orientation and more — are not all the same." The Glassdoor survey also tallied ratings from Black employees at Amazon, Best Buy, IBM, Lowe's, McDonald's and other widely known brands. For example, Amazon received a 3.2 rating from Black employees in the survey compared to a 3.9 overall. The disparity suggests Black employees are less satisfied at work compared to co-workers of other ethnicities, Chamberlain said.cbsnews.com
NHL teams begin to unveil advertisements on helmets
In this image provided by the Washington Capitals, Washington Capitals forward Tom Wilson wears a helmet bearing a Capital One logo during NHL hockey practice, Monday, Dec. 21, 2020, in Arlington, Va. (Zach Guerette/Washington Capitals via AP)There will be advertisements on NHL players' helmets this season as teams try to recoup revenue lost to the pandemic. The New Jersey Devils, Washington Capitals and Nashville Predators became the first teams to unveil helmet ads Tuesday. “Of course, the teams are in a big hole,” Nashville chief revenue officer Chris Junghans said after the team announced its deal with Bridgestone. “So, they're looking for valuable, real valuable, tangible assets that will help us, guys like me, make partners whole. Each of the first three teams got a deal done with the company that sponsors the naming rights for its arena.
Capital One fined $80 million in data breach
The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the banks credit card holders. (AP Photo/Elise Amendola, File)WASHINGTON The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the banks credit card holders. Among the largest of its kind on record, the 2019 breach compromised about 140,000 Social Security numbers and 80,000 bank account numbers. The accused hacker, former Amazon software engineer Paige Thompson, has pleaded innocent to charges related to the breach. No evidence has emerged that Thompson sought to benefit financially from the hack.
Explainer: What's at stake in Supreme Court fight over Trump financial records
The House Financial Services Committee has been examining possible money laundering in U.S. property deals involving Trump. The two committees issued 12-page subpoenas in April 2019 requiring Deutsche Bank to hand over the banking records of Trump, his children and his businesses. Senior sources within Deutsche Bank have denied any Russian connections to loans it made to Trump. At the time of his January 2017 inauguration, Trump owed Deutsche Bank around $350 million, according to sources. WHAT IS AT STAKE IN THE HOUSE SUBPOENAS CASES?feeds.reuters.com
What's at stake in Supreme Court fight over Trump financial records
The House Financial Services Committee has been examining possible money laundering in U.S. property deals involving Trump. The two committees issued 12-page subpoenas in April 2019 requiring Deutsche Bank to hand over the banking records of Trump, his children and his businesses. Senior sources within Deutsche Bank have denied any Russian connections to loans it made to Trump. At the time of his January 2017 inauguration, Trump owed Deutsche Bank around $350 million, according to sources. What is at stake in the House subpoenas cases?feeds.reuters.com
Stocks making the biggest moves after hours: IBM, Netflix, TD Ameritrade & more
Check out the companies making headlines after hours on TuesdayIBM The technology company's stock rose over 3% in extended trading on Tuesday after it reported fourth-quarter results that topped analysts' estimates. IBM also gave guidance for the first quarter that was better than analysts' expectations. TD Ameritrade The brokerage company's shares fell more than 1% in extended trading after it reported first-quarter earnings that fell below analysts' expectations. With revenue of $1.29 billion, the company just missed revenue expectations of $1.30 billion for the quarter. Earnings per share came in at 74 cents excluding certain items versus the 77 cents EPS that analysts had expected.cnbc.com
How to get a free credit report
Below, CNBC Select reviews credit report basics and different ways you can get a free credit report, so you can start monitoring your credit now. There are many resources available so you can get a free credit report as often as once a month. Annualcreditreport.comEvery year, you're entitled to one free credit report from each of the main credit bureaus Experian, Equifax and TransUnion. And if you sign up for Equifax Core Credit, you can receive an updated Equifax credit report every month. Learn more: Find out how to get your free credit score and check your odds of getting approved for a credit card without hurting your credit score.cnbc.com
Secured credit cards vs. unsecured credit cards
While both secured credit cards and unsecured credit cards have a lot in common, there are a handful of key differences, such as a security deposit. Below, CNBC Select breaks down the key differences and similarities between secured credit cards and unsecured credit cards. How secured credit cards workAfter you make the minimum security deposit, you can start using your secured card just like any other credit card. Secured credit cards vs. unsecured credit cardsTrying to decide between a secured or unsecured card? If you decide that a secured card is the best option, consider some of the best secured credit cards listed below.cnbc.com
Capital One rewards will soon be redeemable on Amazon
Capital One rewards cardholders will soon be able to redeem cash back and miles via Amazon.com. The company joins American Express, Chase, Citi and Discover to provide the convenient Shop with Points redemption option to cardholders. The redemption value for cash-back credit cards will be $1 in cash rewards equals $1 on Amazon. To benefit from this new feature, you can enroll simply by adding an eligible Capital One rewards credit card to your Amazon account. Information about the Capital One credit cards has been collected independently by CNBC and has not been reviewed or provided by the issuer prior to publication.cnbc.com
Senators Warren and Wyden urge FTC to investigate Amazon's role in Capital One hack
Two lawmakers want to know about Amazon's role in the Capital One hack that exposed data of 100 million customers. U.S. Democratic Senators Ron Wyden and Elizabeth Warren wrote a letter to the Federal Trade Commission on Thursday asking it to investigate whether Amazon's failure to secure the servers it rented to Capital One violated federal law. In July, Capital One revealed that a hacker had gained access to more than 100 million Capital One customers' accounts and credit card applications. Capital One rented the hacked servers from Amazon's cloud-based computing platform AWS. The Senators cite Amazon competitors Google and Microsoft as examples of companies that have secured their cloud-based services against such hacks.cnbc.com
Elizabeth Warren's move on Amazon over Capital One hack is a warning shot to cloud providers
Saul Loeb | AFP | Getty ImagesRegulators have been asking for years whether banks' use of a narrow set of cloud providers creates a systemic risk to the financial system. As in most breaches that involve a cloud service provider, Amazon has sought to stay at arm's length from the problem. Capital One also said the breach was the result of a misconfigured firewall within an application built on the cloud, not a flaw of the cloud service itself. Keeping that distance has been in the interests of both the banks and the cloud providers. They don't talk about it much, but suffice it to say the cloud service providers really, really do not want to be designated as SIFMUs.cnbc.com
Rogue fears rise in companies as hacks turn into 'home invasions'
1 technology spending line item but at the same time, technology executives fear more kinds of attacks, and attacks hitting closer to home, from sources including rogue employees and rogue vendors. But concerns about rogue employees rose, from 14% to over 18% of executives citing it as the biggest danger. The CNBC Technology Executive Council survey for the third quarter 2019 was conducted from Sept. 9Sept. "This situation does bring this type of hack to mind with us," said Xerox chief information security officer Alissa Abdullah, a member of the CNBC Technology Executive Council. "Encryption is failing us," said Tom Kellermann, chief cybersecurity officer of Carbon Black, a member of the CNBC Technology Executive Council.cnbc.com
Trump's banks won't tell court if they have his tax returns
(CNN) - Lawyers for Deutsche Bank and Capital One repeatedly refused Friday to tell an appellate court in New York whether the banks are in possession of President Donald Trump's tax returns, citing "contractual obligations" not to disclose the information and drawing the ire of a panel of judges. The three-judge panel was so frustrated by the lawyers' refusal to answer that at one point one of the judges suggested the appellate court might seek an order for the information. After several minutes of argument on the subject, the panel directed the lawyers to file letters under seal within 48 hours saying whether the banks have Trump's tax returns. But while the banks' lawyers indicated they would respond in writing, it wasn't clear that they agreed to provide that information. The dispute came during oral arguments in Trump's appeal of a lower court ruling that rejected Trump's attempt to block Democratic lawmakers from accessing his financial records through subpoenas of those banks.
Lawmakers probe Capital One, Amazon over data breach
WASHINGTON, D.C. - Capital One and Amazon are now facing congressional scrutiny over the banking giant's enormous data breach, disclosed on Monday, that affected roughly 100 million Americans. They also sought details about the Amazon cloud computing software that underpins Capital One's operations, and which could play a role in both the military's future and the 2020 census. "The Committee may carefully examine the consequences of this breach," Republican lawmakers Jim Jordan, Michael Cloud and Mark Meadows said in a letter to Amazon CEO Jeff Bezos. The legislators also wrote to Capital One CEO Richard Fairbank, requesting answers on the scope of the breach and the company's response. Amazon has said that Amazon Web Services "was not compromised in any way" in the incident.
Banks could get fined for cyber breaches, top regulator says
Copyright 2019 CNN(CNN) - Cybersecurity is the biggest threat facing America's banks, FDIC Chairman Jelena McWilliams told CNN Business. McWilliams, a Trump-appointed regulator who helps oversee about 4,000 mostly smaller lenders, said the FDIC could fine a bank that suffers a major breach after failing to fix weak cyber defenses flagged by the agency. Beyond a fine, McWilliams said shoddy cyber defenses could force regulators to downgrade their ratings on bank management teams. McWilliams said the FDIC is "monitoring" the cyber defenses and "continuously" testing the safety and structure of banks' networks and firewalls. 1 risk facing large banks and the banking system as a wholeIn addition to cyber, community banks are also facing competitive pressure from credit unions, nonbank lenders and even tech companies.
What we know so far about accused Capital One hacker Paige Thompson
Paige Thompson, a 33-year-old former Amazon employee from Seattle, has been arrested and charged by the FBI with stealing personal data belonging to more than 100 million Capital One customers. Paige Thompson, a former Amazon employee and accused hacker accused of stealing the personal data for more than 100 million Capital One customers, almost seemed to want to get caught. Twitter profile picture of Paige Thompson, the alleged hacker who appears to have stolen "tens of millions" of Capital One customers personal files. In early July, Thompson posted about thinking about checking into a mental health facility, according to the New York Times. According to the complaint, Thompson was able to download information on "tens of millions" of Capital One customers or potential customers.cbsnews.com
Alleged Capital One hacker may have hit other targets
The complaint also references a Slack channel and says she posted there under the name "erratic." Another site erratic listed as being the "ohio.gov dept of transportation." Erratic listed only filenames in the Slack channel, and not files themselves. "We investigate and fend these off daily, and it's hard to know if one of them recently was alleged hacker from the Capital One situation. I did flag the slack channel posting and our team is looking into it, but even that wasn't much for them to go on."
Thousands of Michigan residents could be affected by massive Capital One data breach
DETROIT - More than 100 million people have been affected by what's being billed as the largest data breach ever after a hacker targeted Capital One. Capital One will be contacting customers who were affected by the breach, but everyone should beware of imposters. On March 22, Thompson went after credit card applications filed between 2005 and 2019, officials said. Anyone who has applied for a credit card knows the information that's used during the application process. Anyone targeted in the breach will be notified, and Capital One will pay for free credit monitoring.
Capital One breach exposed bank data for most vulnerable customers
Social Security numbers, credit card applications, home addresses, credit scores, credit limits and balances were exposed. The trove of data also included 80,000 bank account numbers, all of them for secured credit card customers. Such credit cards are typically held by consumers with low credit scores or no credit history at all. But that hard work could go up in smoke for the 80,000 Capital One secure credit card customers whose information was exposed during the breach. Harzog, the credit card expert, said it's particularly important for secured credit card customers to take Capital One up on its offer to give free credit monitoring and identity protection.
ClickOnDetroit National Report -- Tuesday, July 30, 2019
Around the country:Indiana: What's the cost of a parking ticket in Muncie, Indiana? A donation of cat food or supplies for a local animal shelter. Maryland: TSA agents are used to finding strange and alarming objects in travelers' luggage, whether it's snakes, switchblades or swords. TSA agents are used to finding strange and alarming objects in travelers' luggage, whether it's snakes, switchblades or swords. More ENTERTAINMENT headlines:Tweets by Local4NewsCopyright 2019 by WDIV ClickOnDetroit - All rights reserved.
Worried about Capital One hack? Here's what to do
If you're a Capital One customer worried about your data, there are immediate steps you can take to safeguard your personal information, experts say. Check your accounts nowLook over your credit card and banking statements, and report any suspicious activity to the bank as soon as possible. "If you find suspicious activity on your credit card, banks like Capital One allow you to freeze your card so that purchases can no longer be made," said Sara Rathner, a credit card expert at personal finance website NerdWallet. If you're buying a home, vehicle, or applying for a loan or credit card, give yourself time to work on this," said Sandberg. "This is especially important when entering credit card or other personal information."
How to protect yourself from a breach even if you're not a Capital One customer
Even if you're not a Capital One customer, the bank's recently announced data breach should motivate you to protect yourself from fraud. No credit-card account numbers or login credentials were compromised, according to the bank. In other words, if you applied for a Capital One credit card during that time, your information could be at risk. Last September, a federal law went into effect that prohibits credit-reporting firms from charging consumers for a credit freeze (or to lift a freeze). Capital One said that for current customers, among the data stolen were about 140,000 Social Security numbers and roughly 80,000 bank account numbers of its customers who have secured credit cards.cnbc.com
More Than 100 Million Capital One Credit Card Accounts Gets Hacked
(CNN) In one of the biggest data breaches ever, a hacker gained access to more than 100 million Capital One customers accounts and credit card applications earlier this year. The breach affected around 100 million people in the United States and about 6 million people in Canada, according to Capital One. However, no credit card account numbers or log-in credentials were compromised and over 99% of Social Security numbers were not compromised, the company said. The FBI special agent who investigated Thompson believes Thompson tweeted that she wanted to distribute Social Security numbers along with full names and dates of birth. The company expects to incur between $100 million and $150 million in costs related to the hack, including customer notifications, credit monitoring, tech costs and legal support due to the hack.detroit.cbslocal.com
Capital One data breach exposes tens of thousands of Social Security numbers, linked bank accounts
Capital One said Monday that a data breach identified earlier this month exposed personal information of its customers, including Social Security details and bank account numbers. The Virginia-headquartered bank said in a news release that about 140,000 Social Security numbers of its credit card customers, around 80,000 linked bank account numbers, and one million Canadian Social Insurance numbers were compromised. Additional information including names, addresses, phone numbers, credit scores and credit limits were also exposed. Still, no credit card account numbers or log-in credentials were exposed and over 99% of Social Security numbers were not affected, according to the bank, which said the unauthorized access occurred on March 22 and 23 of this year. Authorities said Thompson used the alias "erratic" in online communications and was investigated for "exfiltrating and stealing information, including credit card applications and other documents, from Capital One."cnbc.com
The Capital One breach is unlike any other major hack, with allegations of a single engineer wreaking havoc
Capital One is dealing with what will likely be one of the most important data breaches of the year. The incident involved theft of more than 100 million customer records, 140,000 Social Security numbers and 80,000 linked bank details of Capital One customers, according to court filings in Seattle. But the Capital One incident is significant beyond the numbers, because it was allegedly carried out by a lone wolf. The details set it apart from breaches of companies such as Equifax and Marriott, which were attacked from the outside by criminals with a nation-state connection. It's also different from the spate of ransomware attacks against major U.S. cities, which were likely committed by groups of individuals outside the U.S.cnbc.com
Worried About The Capital One Hack? Heres What To Do
If youre a Capital One customer worried about your data, there are immediate steps you can take to safeguard your personal information, experts say. Check your accounts nowLook over your credit card and banking statements, and report any suspicious activity to the bank as soon as possible. If youre buying a home, vehicle, or applying for a loan or credit card, give yourself time to work on this, said Sandberg. This is especially important when entering credit card or other personal information.Lastly: Remember this could happen to anyone, anywhere. Im a Capital One cardholder and will be doing all of this.The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.detroit.cbslocal.com
Meet Paige Thompson, who is accused of hacking Capital One and stealing the data of 100 million people
Michael Nagle/Bloomberg | Getty ImagesA software engineer accused of hacking into Capital One and stealing the data of more than 100 million people tweeted about euthanizing her cat, Millie, and seeking mental help, authorities said. The FBI arrested 33-year-old Paige Thompson of Seattle on Monday, saying she is responsible for the Capital One digital break-in. Thompson worked in the Seattle area as a technology company software engineer, the Justice Department said. The DOJ did not mention the name of the company, but it said Thompson worked at a cloud software company from 2015 to 2016. An Amazon spokesperson confirmed that Thompson worked for Amazon Web Services, but left in 2016.cnbc.com
How to tell if you were affected by the Capital One breach
Under Armour's North America problem hasn't gone awayUnder Armour's mixed earnings results on Tuesday called attention to the fact that the brand continues to fight to win more shoppers on its home turf, a competitive one. Retailread morecnbc.com
Hacker gets access to 100 million Capital One credit card applications
Sean Gallup/Getty ImagesCapital One said a hacker gained access to more than 100 million Capital One customer accounts and credit card applications earlier this year. Among other information, the compromised data included some Social Security numbers. The department alleges that Thompson "posted on the information sharing site GitHub about her theft of information from the servers storing Capital One data." The breach affected around 100 million people in the United States and about 6 million people in Canada, according to Capital One. However, "no credit card account numbers or log-in credentials were compromised and over 99% of Social Security numbers were not compromised," the company said.
Capital One data breach hits more than 100 million people applying for credit
Capital One said a hacker got access to the personal information of over 100 million individuals applying for credit. The hacker got information including credit scores and balances plus the Social Security numbers of about 140,000 customers. The data breach affected about 100 million people in the U.S. and 6 million in Canada. This report comes in the wake of news that Equifax may have to pay up to $700 million over a 2017 data breach, according to CNET. That breach involved the Social Security numbers and home addresses of nearly 148 million Americans from Equifax's servers in a hack that ran from May to July in 2017.cbsnews.com
This CEO started her flower delivery service with $49,000 in savingsnow she earns over $100,000 a year in cash back
Instead, the Farmgirl Flowers CEO bootstrapped the flower delivery service herself using $49,000 from her savings. Customers choose an arrangement style, rather than specific flowers, Stembel tells CNBC Make It. Farmgirl Flowers bouquet Farmgirl FlowersWith this idea in mind, Stembel started saving. How she utilizes cash back to cover unforeseen costsStembel now earns hundreds of thousands of cash-back dollars each year using her Spark Cash card from Capital One. To combat the summer slump last year, the Farmgirl Flowers team invested $115,000 cash-back dollars into digital marketing during the summer months.cnbc.com
7 pieces of bad financial advice oft repeated
Close unused credit cards. Closing old credit card accounts can actually hurt your credit score. Paying off your old cards in full and hanging onto them can boost your credit score. Some companies might close out your account for you if you never use them, however, so dust off that old Capital One card every now and then. Hide Caption