Security News > 2018 > October > Financial Conduct Authority fines Tesco Bank £16.4m over 2016 security breach

2018-10-01 13:14
Every little helps: Penalty slashed with 60% discount The Financial Conduct Authority (FCA) has slapped a £16.4m fine on Tesco Bank for the security vulnerabilities that led to millions of pounds being pilfered from thousands of customers’ online accounts two years ago.…
News URL
Related news
- India's banking on the bank.in domain cleaning up its financial services sector (source)
- Australian fertility services giant Genea hit by security breach (source)
- Drug-screening biz DISA took a year to disclose security breach affecting millions (source)
- Western Alliance Bank notifies 21,899 customers of data breach (source)
- There are 10,000 reasons to doubt Oracle Cloud's security breach denial (source)
- Generative AI Is reshaping financial fraud. Can security keep up? (source)