Who’s in Your Wallet? Capital One Customers Involved in Data Breach

    Posted by Soules Insurance on Wed, Aug 7, 2019

    Capital One announced on July 19, 2019, that the personal information of more than 100 million of its U.S. customers was compromised in one of the largest data breaches involving a bank. In an official release from the company, Capital One noted that the information exposed includes names, addresses, emails, credit scores and transaction data. In some cases, Social Security numbers and linked bank accounts of secured credit card customers were also compromised.

    Keep reading to find out if you were impacted by the breach and what steps you can take to further protect your data.

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    Tags: Data Breach, Data, Protect Personal Data, Personal Data, Data Exposures, Capital One Data Breach, Capital One

    Most under-35s OK with insurers digital spying if it cuts prices

    Posted by Soules Insurance on Wed, Jun 20, 2018

    (Bloomberg) – The majority of people between 18 and 34 would be willing to let insurance companies dig through their digital data from social media to health devices if it meant lowering their premiums, a survey shows.

    In the younger group, 62% said they’d be happy for insurers to use third-party data from the likes of Facebook, fitness apps and smart-home devices to lower prices, according to a survey of more than 8,000 consumers globally by Inc.’s MuleSoft Inc. That drops to 44% when the older generations are included.

    Would you be willing to let insurance companies dig through your digital data?

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    Tags: Digital Data, Insurers, Insurance Carriers, Data, Insurance Companies, Digital Spying, Lower Premiums