threat updates
UK
The Financial Conduct Authority (FCA) fined Tesco
Personal Finance plc (Tesco Bank) £16,400,000
for failing to exercise due skill, care and diligence
in protecting its personal current account holders
against a cyberattack. The cyberattack took place
in November 2016.
Tesco Bank said it accepted the settlement and
Gerry Mallon, Tesco Bank Chief Executive, said
the bank was ‘very sorry’ for the impact that
the fraud attack had on its customers.
GLOBAL
Cathay Pacific, an airline headquartered in
Hong Kong, announced it had discovered
unauthorised access to some of its
information system containing passenger
data of up to 9.4 million people.
Upon discovery, the company said it took immediate
action to investigate and contain the incident. There was no
evidence that any personal information had been misused.
In a statement, the airline said the IT systems affected were
‘totally separate’ from its flight operations systems and there
was no impact on flight safety. Cathay Pacific has notified the
Hong Kong Police and is notifying the relevant authorities.
www.intelligentciso.com
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Issue 07
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