Basic Search  |  Summaries  |  Advanced SearchPenalty: £16,400,000
Year: 2018
Date: 1 October, 2018
Offence Group: financial offences
Offence Type: privacy violation
Violation Description: Tesco paid a £16.4 fine in settlement of a finding by the FCA that the company failed to operate its data protection and fraud detection systems with due care, skill and diligence after a cyber attack allowed fraudulent transactions and required the blocking of card transactions for customers.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: retailing
Specific Industry of Parent: retail-supermarkets
Source of Data: (click here)