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In 2019, Capital One ranked 10th on the list of largest banks in the United States. Needless to say, they're pretty well known! And now they have a pretty well-known scandal involving cyber security too. It's been reported that the incident impacted millions of people in the U.S. and Canada. But, what exactly happened and who should be concerned? Find out all about it in this week's FinCap Friday:
If you're short on time, try our simplified FinCap Friday with No Tech needed. This includes the questions embedded in the slide deck.
Check out all of our FinCap Friday episodes here. They're not date-dependent so any of the 50+ in our catalog can work throughout the year.
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!