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Fca Fines Tesco Bank For Data Breach - Latest News


Tesco Bank hit with £16.4m fine for 'largely avoidable' cyber attack

The financial watchdog has slapped a hefty £16.4m fine on Tesco ... The Financial Conduct Authority (FCA) said the bank had failed to exercise "due skill, care and diligence in protecting its personal ... read more

Tesco Bank faces huge fine as FCA gets tough over cyberattacks

Tesco's banking arm is facing the City regulator's biggest-ever cyberattack-related fine two years ... while no customer data was compromised. A legal source said on Monday that Tesco Bank was contest... read more

Tesco Bank fined £16.4m over cyber-attack that put customers at risk

Tesco Bank ... FCA and of massive concern to the wider banking sector. ‘But alarm bells should also be ringing in the boardrooms of any business which handles large volumes of customer data, not just ... read more

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Tesco Bank fined £16.4m over 'avoidable' cyber heist

Tesco’s (TSCO ... ever cyber security breach at a UK bank, which was also the subject of a criminal probe by the National Crime Agency. Executive director of enforcement and market oversight at the FC... read more


Raid on Thousands of Tesco Bank Accounts Fuels Cybercrime Fears in U.K.

Tesco Bank, owned by Britain’s biggest retailer Tesco ... have risen from just five in 2014 to more than 75 so far this year, according to FCA data, but bank executives and providers of security syste... read more

£2.5m in pay-outs for Tesco Bank customers following 'unprecedented' cyber hack

Tesco Bank has had to pay ... added that no customer data had been compromised. Yesterday the chief executive of the Financial Conduct Authority (FCA) said authorities were working to find the “root c... read more

Would you say we were awesome, terrific, or just super great?

Let's see: At Santander the Botin family paid €200m to settle a Spanish tax probe, while the bank was fined £12m by the FCA for “widespread investment ... Nationwide, a £1m fine for losing customer da... read more

Tesco Bank faces huge fine as FCA gets tough over cyberattacks

Tesco (Frankfurt: 852647 - news) 's banking arm is facing the City regulator's biggest-ever cyberattack-related fine two ... no customer data was compromised. A legal source said on Monday that Tesco ... read more

Tesco Bank fined £16.4m over cyber attack

Tesco Bank has been fined £16.4m by the City watchdog over a "largely avoidable" cyber attack on the lender, in the first penalty of its kind. The Financial Conduct Authority (FCA ... theft or loss of ... read more



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