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Tesco Bank says £2.5m was stolen from 9,000 customers in cyber-attack

posted onNovember 9, 2016
by l33tdawg

A total of £2.5 million was stolen from 9,000 Tesco Bank customers in a sophisticated cyber-attack last weekend, the bank has confirmed.

The bank has also said that all account services have now returned to normal after all online transactions for all of its 136,000 current account holders were frozen following the "online criminal activity" spotted over the weekend.

Tesco Bank blamed the incident on a "systematic, sophisticated cyberattack" but said personal data was not compromised as a result of the fraud. "Our first priority throughout this incident has been protecting and looking after our customers and we'd again like to apologise for the worry and inconvenience this issue has caused," said Tesco Bank CEO Benny Higgins.

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