Tesco Bank To Pay £16.4m Fine To Settle With FCA Over 2016 Cyberattack
PYMNTS
OCTOBER 1, 2018
in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. Our priority is always the safety and security of our customers’ accounts, and we fully accept the FCA’s notice,” Tesco Bank Chief Executive Gerry Mallon said. “We Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m ”
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