Tesco Bank suspends all transactions after hack attack

07 November 2016

Tesco Bank has taken the drastic measure of temporarily halting all online transactions after thousands of customers have seen hundreds of pounds wiped from their savings accounts over the weekend due to an online hacking attack.

Benny Higgins, chief executive of Tesco Bank, on Monday, confirmed that that about 20,000 customers have had money taken from their accounts, with “suspicious activity” identified in another 20,000.The total is considerably more than the figure the bank was quoting on Sunday of fewer than 10,000 accounts.

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