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Tesco Bank Halts Web Trades as Money Taken From 20,000 Accounts

Tesco Bank Halts Web Trades as Money Taken From 20,000 Accounts

Publicerat av Cecilia Helland måndag, 07 november 2016.

Tesco Bank, the lending arm of the U.K.’s biggest grocer, said it suspended online transactions after about 20,000 customers had money fraudulently taken from their accounts.

About 40,000 of the bank’s 136,000 checking account holders experienced suspicious transactions over the weekend, Tesco Bank Chief Executive Officer Benny Higgins told BBC Radio 4’s Today program. About half of those had money taken from their account, he said. The problem has only affected checking accounts, a representative for the bank said.

Read more at - www.bloomberg.com/news/articles/2016-11-07/tesco-bank-halts-web-trades-as-money-taken-from-20-000-accounts

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Cecilia Helland

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