Last year, the bank agreed to pay $80 million to settle regulators’ claims that it lacked proper cybersecurity procedures as it began to use cloud storage technology. In addition, several class actions have been filed in Canada over the hack. Shortly after the breach was announced, a lawsuit was filed in New York federal court. This was not the first class action lawsuit to be filed over the Capital One data breach. Neither Capital One nor Amazon detected the data breach, regarded as one of the largest incidents of data theft, for months despite the fact that the rogue employee publicly posted about their hacking accomplishment on social media sites, the class action lawsuit claimed. The plaintiffs said Amazon’s bad data protection policies failed to detect or stop the hack that now affects hundreds of millions of everyday consumers. Rogue Amazon Employee Exposed Sensitive Personal Customer Information For Months, Class Action SaysĪ rogue Amazon employee exposed sensitive personal customer information for months, the class action said. In addition to Capital One, the plaintiffs also named Amazon and its subsidiaries as defendants responsible for the exposure. Stolen information allegedly included Social Security Numbers, bank accounts, credit scores and other financial information, along with names, addresses, phone numbers, birth dates and email addresses. Lead plaintiffs Brandi Edmondson, Brandon Hausauer, Sara Sharp and Gary Ziekicke say that the Capital One data breach exposed the personal and financial information of small businesses and individuals who applied for credit card products between 20. The nationwide class action lawsuit was initially filed in a Virginia federal court in March 2021, alleging the breach exposed the personal information of more than 106 million individuals in the United States and Canada. The pair deny liability for the breach, reportedly saying they were settling “in the interest of avoiding the time, expense and uncertainty of continued litigation.” It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.The settlement releases Capital One and its cloud services provider, Amazon Web Services, from claims the pair were negligent with customer data. Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. Indicates a company's profitability in relation to its total assets. The rate at which the company's net income has increased to the same quarter one year ago. It indicates the company's profitability. Net income divided by revenue of the last 4 quarters. Net Income is the profit after all expenses have been deducted from the total revenue. It indicates the efficiency of using their resources to produce goods or services.Įarnings before tax and interest payments. Gross profit is the profit after subtracting the costs of making and selling its products or the costs of providing its services.

Revenue is the sum of all cash flow into the company. However, the ratio is difficult to compare between industries where common amounts of debt vary.

Price to Book Ratio is the Market cap divided by the Book value of the companyĪ higher ratio indicates a higher risk. Market cap divided by the revenue in the most recent year. A lower PEG could mean that a stock is undervalued.Įarnings divided by outstanding shares. The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. Ratio between share price and earnings per share.

Capitol one financial corp