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The title is a bit misleading, the hack was a theft of personal data, not money. The data also wasn't sold for that money.

The $ 270m is an estimate (on the low side) of the total cost to the bank, based on being fined $ 80m by the regulator and paying $ 190m to affected customers as settlement in a class action lawsuit.



Full title is "Former AWS engineer convicted over hack that cost Capital One $270m", so yeah, misleading


Not to mention the brand damage. Costco stopped using capital one in Canada, wonder if it was related.


Costco plays hardball with its banking partners. I'm sure it was about money.




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