Tesco Bank fined £16.4m over “largely avoidable” cyber attack
https://tech.newstatesman.com/security/tesco-bank-fine-fca-cyber-attack
Tesco Bank has been fined £16.4m for failing to protect customers against what regulators described as a “largely avoidable” cyber attack.
In November 2016, criminals exploited vulnerabilities in the design of the bank’s debit card and financial crime controls to steal £2.26m from current account holders over the course of two days.
