UniCredit begins probe after Capital One data breach


The global shocks created by the Capital One data breach is causing more financial giants to probe their own processes.

Italy’s largest bank, UniCredit said it has started its own investigations after Capital One Financial Corp announced a data breach of more than 160 million of its customers’ data in a malicious hack.

The company said in a statement that the breach affected customers across the United States and Canada who had their personal data exposed.

The bank said in a statement cited by Reuters that:

“On July 30, UniCredit became aware that its name has been mentioned in relation to the Capital One issue.

“UniCredit has contacted the relevant authorities and is actively investigating the matter,” UniCredit said in a statement.