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The personal data of roughly 106 million people across the US and Canada was taken, the company revealed as reported by the BBC . The multinational company made the announcement after the alleged hacker was arrested on Monday. Capital One said the data included names, addresses and phone numbers.

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However the company was keen to reassure its customers that fortunately for those affected, the hacker did not obtain access to credit card account numbers.

Richard D. Fairbank, chairman and CEO of the company, said in a statement: "While I am grateful that the perpetrator has been caught, I am deeply sorry for what has happened.

"I sincerely apologise for the understandable worry this incident must be causing those affected and I am committed to making it right."

The company says it will inform affected people and give them access to complimentary credit monitoring and identity protection.

READ MORE: Angela Merkel HACKED: German Chancellor’s private data LEAKED