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.” The link for this article located at InfoSecurity is no longer available. . In 2021, British Airways faced a penalty of £20m for failing to protect customer data, which contributed to a significant breach affecting 429,000 individuals.. Tesco Bank Penalty, Cyber Heist, Financial Penalties, Security Compliance. . LinuxSecurity.com Team
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