GB
Timeline
- October 1, 2018Regulator action opened Regulator
FCA final notice (kw='cyber'): This Final Notice refers to Tesco Bank’s breach of FCA Principle 2 for failing to exercise due skill, care and diligence in protecting its personal current account holders against a cyber attack. We imposed a financial penalty of £16.4 million.
source - October 1, 2018Fined Regulator — £16,400,000
FCA fine imposed on Tesco Personal Finance plc (2018-10-01): £16,400,000
source
Regulator actions
- Financial Conduct Authority — fine (ref. tesco-personal-finance-plc-2018), October 1, 2018 — £16,400,000