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The Market Ticker - I TOLD YOU SO: 'CLOUD' IS INSECURE

Tuesday, July 30, 2019 7:09

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Oh here we are….

Capital One Financial Corp. said data from about 100 million people in the U.S. was illegally accessed after prosecutors accused a Seattle woman identified by Amazon.com Inc. as one of its former cloud service employees of breaking into the bank’s server.

While the complaint doesn’t identify the cloud provider that stored the allegedly stolen data, the charging papers mention information stored in S3, a reference to Simple Storage Service, Amazon Web Services’ popular data storage software.

There you have it. The bank had data that was highly confidential and let another company with thousands of people who could access it, none of…….

(Click link to read more)

Source: https://www.market-ticker.org/akcs-www?post=236470

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