In early November, about 9,000 customers of the British bank Tesco had their current bank accounts plundered by a group of swindlers, representing a total value of £2.5 million. After having first suspended all transactions, the bank rapidly refunded the victims. According to Andrew Bailey, Chief of the Financial Conduct Authority (FCA), the United Kingdom has never experienced such a significant breach.
Benny Higgins, CEO of Tesco, described the attack as “systematic and sophisticated” and accused a security flaw. According to his statement, no personal data have been compromised during the accident. The bank is now collaborating with the National Crime Agency to identify the criminals.
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