Tesco has announced that their Tesco Bank has been hacked and that money has been taken from their customers accounts.
Tesco has said that suspicious activity was seen on around 40,000 of the customers accounts and money was taken from around 20,000 of them. You can see a statement from Tesco below.
Tesco Bank can confirm that, over the weekend, some of its customers’ current accounts have been subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.
We apologise for the worry and inconvenience that this has caused for customers, and can only stress that we are taking every step to protect our customers’ accounts. That is why, as a precautionary measure, we have taken the decision today to temporarily stop online transactions from current accounts. This will only affect current account customers. While online transactions will not be available, current account customers will still be able to use their cards for cash withdrawals, chip and pin payments, and all existing bill payments and direct debits will continue as normal. We are working hard to resume normal service on current accounts as soon as possible.
You can find our more details about the breach of Tesco Bank at the link below, the company has said that any financial loss as a result of the breach will be resolved fully by the bank.
Update 9th November 2016.
Tesco Bank has said that all of their customers have been refunded and everything is back to normal, you can find out more details here.
Filed Under: Technology News