Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Enforcement actions against Capital One
Capital One Financial Corporation, McLean, Virginia, was issued a consent cease and desist order by the Federal Reserve Board, and its national bank subsidiaries, Capital One, N.A. and Capital One Bank (USA), N.A., were assessed an $80 million civil money penalty and issued a consent cease and desist order by the OCC.
The enforcement actions were taken for the banks' failure to establish effective risk assessment processes prior to migrating significant information technology operations to the public cloud environment, and their failure to correct the deficiencies in a timely manner, culminating in a significant data breach in March 2019 that affected the personal information of Capital One credit card customers and applicants for credit card products.
For addition information, see this BankersOnline Penalty Page.