WeissLaw LLP: Capital One Financial Corporation is the Subject of a Legal Investigation

NEW YORK, Aug. 7, 2020

If you are a shareholder of COF who wishes to discuss the investigation or have any questions about this notice and your rights or interests, visit our website:

http://www.weisslawllp.com/capital-one-financial-corporation/

Or please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16^th Floor
New York, NY 10036
(212) 682-3025
(888)593-4771
stockinfo@weisslawllp.com

On August 6, 2020, the Office of the Comptroller of the Currency (the "OCC"), announced that it assessed a civil penalty of $80 million against the Company in connection with its 2019 data breach. In July of 2019, COF announced that a hacker exploited a weakness in the firewall of its cloud server to expose the personal information of nearly 100 million U.S. customers and 6 million Canadian customers. The breach, which occurred between March 22 and 23, 2019, compromised approximately 140,000 social security numbers and 80,000 linked bank account numbers, and exposed the personal information of customers who applied for credit card products between 2005 and early 2019. The OCC found that COF "failed to establish effective risk assessment processes . . . and [failed] to correct [] deficiencies in a timely manner."