Tesco Bank hit with 16.4 million fine by U.K.’s Financial Conduct Authority. Bank failed to proactively deal with “foreseeable risks” that led to hackers executing a successful online attack campaign. The attacks, in November 2016, lasted for 48 hours and led to 2.26 million ($2.93 million) in losses. Bank could have been hit with an even larger fine. CEO: “Our priority is always the safety and security of our customers’ accounts””]
Source: https://www.cuinfosecurity.com/tesco-bank-hit-16-million-fine-over-debit-card-fraud-a-11577