RSS   Newsletter   Contact   Advertise with us

Tesco Bank suspends payments, 20,000 accounts hit by hackers

Staff Writer | November 7, 2016
Around 20,000 Tesco Bank customers had money taken from their accounts by hackers over the weekend, with double that amount having seen "suspicious transactions".
Tesco Bank
Attack   As a precautionary measure
Tesco Bank had initially said fewer than 10,000 customers had been affected.

But Tesco Bank chief executive Benny Higgins confirmed on Monday that over the weekend that roughly 40,000 customer current accounts had been "subject to online criminal activity" with half that numbers seeing "money being withdrawn fraudulently".

He added: "That is why, as a precautionary measure, we have taken the decision today to temporarily stop online transactions from current accounts."

Customers will still be able to use their cards for cash withdrawals, chip and pin payments, and bill payments.