Tesco Archives - Cyber Security Minute

Tesco Bank hack shows that attackers continue to follow easy money

Issued by: Help Net Security

What happens when nearly 9,000 accounts at a financial institution experience fraudulent activity and clients have nearly £2.5 million stolen? People notice. The bank notices and shuts down activity, raising a chilling question for financial institutions: “Is this the new normal for banking in the age of cyber crime?” As we continue to learn more…

Application Security

Was Theft Of Money From 20,000 Tesco Bank Customers An Inside Job?

Issued by: Dark Reading

UK bank confirms attack, but so far has not used the word ‘hack.’ Threat actors appear to have broken new ground with an attack on the UK’s Tesco Bank where they managed to steal money from more than 20,000 accounts at nearly the same time in automated fashion. Details of the weekend attack are still…