A probe has been reportedly launched into Tesco Bank, in efforts to determine whether the bank failed to heed warnings of a security flaw in its payment systems, which may have allowed hackers to make away with millions of pounds. Authorities believe that the bank may have failed to act on a warning from Visa, issued out a year ago, according to reports. Investigators at the National Crime Agency (NCA) and the Financial Conduct Authority (FCA) believe that the hackers used customised computers to leverage an alleged Code 91 glitch, which allowed them access to customers’ card data.
View full story
ORIGINAL SOURCE: International Business Times
