Capital One suffered a serious data breach as a result of the actions of one individual who downloaded nearly 30 GB of 100 million Capital One Financial Corporation credit applications from an Amazon cloud data server. The Capital One data breach underscores the risk of cyber breaches caused by a single bad actor who gained unauthorized access through Amazon’s could data server. This unfortunate data breach demonstrates the importance of managing data security risks through third parties (in this case a cloud vendor).

In this episode, Michael Volkov reviews the Capital One data breach and outlines third-party cybersecurity risks and strategies for mitigating these risks.