Tesco Bank

Pierluigi Paganini October 02, 2018
FCA fines Tesco Bank £16.4m over 2016 cyber attack

Tesco Bank agreed to pay £16.4m as part of a settlement with the Financial Conduct Authority following the 2016 security breach. The Financial Conduct Authority (FCA) has assigned a £16.4m fine to Tesco Bank for the vulnerabilities in its systems that were exploited by hackers to steal millions of pounds from customers’ online accounts in […]

Pierluigi Paganini November 07, 2016
Tesco Bank suspended all online transactions due to a cyber heist

Tesco Bank halted all online transactions after a cyber heist affected thousands of its customers. An investigation is ongoing. Tesco Bank is going to adopt a strong measure in response to a cyber attack, the financial institution will freeze customers’ online transactions. The measure was announced by the chief executive Benny Higgins, the bank has admitted […]