Capital One is planning to close its remaining three data centers in 2020 - Business Insider

This will mark the final phase of Capital One's migration to the cloud, which it has pursued voraciously despite a data it suffered in late July that affected 106 million individuals across the US and Canada — though the amount of highly sensitive data, like Social Security numbers, that was leaked was relatively constrained. That breach occurred in the cloud, though the vulnerability that led to it was not specific to the cloud.

And the bank's early adopter status could enable it to enjoy some of the benefits of cloud computing before its competitors can. Using public cloud computing can reduce or eliminate the cost of running on-premise data centers and servers.

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