Tesco Bank Fined £16m After 2016 Cyber Heist

    Date01 Oct 2018
    CategoryHacks/Cracks
    1829
    Posted ByBrittany Day
    Tesco Bank has been fined £16.4m by the UK’s financial regulator for deficiencies which allowed hackers to steal millions from its customers in 2016. Online attackers bagged £2.24m in the November raid two years ago, in what the lender described as “sophisticated criminal fraud.”
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