The Latest in IT Security

Tesco Bank ‘Hack’ Still a Mystery

10
Nov
2016

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Little is currently known about how money was stolen from thousands of Tesco Bank current account (checking account) holders last weekend. It is clear now, however, that approximately 9,000 customers rather than the initial estimate of 20,000 were affected.

“We’ve now refunded all customer accounts affected by fraud and lifted the suspension of online debit transactions so that customers can use their accounts as normal,” said chief executive Benny Higgins. This seems to imply that the incident is over.

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