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<a href="/news/tesco-bank-affected-by-fraud" title="Tesco Bank affected by fraud!">Tesco Bank affected by fraud!</a>
Posted on: 07 Nov 2016 

Posted By: ITWiser Webmaster

Tesco Bank affected by fraud!


It has been reported that funds from 20,000 Tesco Bank accounts have been stolen, as a pre caution Tesco bank have restricted current account operations. The UK bank has confirmed there has been a fraudulent attack and an investigation is currently underway. The root cause of this attack is still not known, same as the criminals behind it.

In the meantime, online transactions from current accounts has been suspended, it has also suspended contactless transactions. However, customers can still make cash withdrawals and also use chip-and-pin transactions, furthermore direct debits and established standing orders will continue as normal.

ITWiser offer many different services and solutions that can help prevent situations like this affecting your business. We offer internal security audits and external security audits, these audits highlight vulnerabilities on your network. For more information on these or any of our other services please get in touch today.

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