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What went wrong at Tesco Bank?

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Tesco Bank has enlisted the help of the National Cyber Security Centre (NCSC) following the most serious cyber-attack launched against a UK bank.

The attack against the supermarket giant’s banking arm involved the theft of £2.5m from 9,000 customers’ accounts, funds that the bank quickly reimbursed. Initially theft against 20,000 accounts was feared but this figure was revised downwards late on Tuesday night.

At the same time Tesco announced that it was restoring normal service. The company had suspended online and contactless transactions from current accounts in the immediate wake of the breach last weekend.

For more on this story visit the following link: What went wrong at Tesco Bank?

Source: The Register 

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