Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

IAG Unit British Airways Fined GBP20 Million Over 2018 Data Hack

Fri, 16th Oct 2020 10:57

(Alliance News) - International Consolidated Airlines Group SA unit British Airways has been fined GBP20 million over a 2018 data hack, the Information Commissioner's Office has announced.

Investigators found the airline should have identified the security weaknesses which enabled the attack to take place.

The carrier failed to protect the personal and financial details of more than 400,000 customers, the ICO said.

It did not detect the hack for more than two months.

Information Commissioner Elizabeth Denham said: "People entrusted their personal details to BA, and BA failed to take adequate measures to keep those details secure.

"Their failure to act was unacceptable and affected hundreds of thousands of people, which may have caused some anxiety and distress as a result.

"That's why we have issued BA with a GBP20 million fine – our biggest to date.

"When organisations take poor decisions around people's personal data, that can have a real impact on people's lives.

"The law now gives us the tools to encourage businesses to make better decisions about data, including investing in up-to-date security."

The ICO announced in July last year that British Airways could be fined more than GBP183 million.

This is more than nine times the GBP20 million the airline has eventually been fined.

The ICO said it considered "representations from BA and the economic impact of Covid-19 on their business" before setting the final penalty.

A British Airways spokeswoman said: "We alerted customers as soon as we became aware of the criminal attack on our systems in 2018 and are sorry we fell short of our customers' expectations.

"We are pleased the ICO recognises that we have made considerable improvements to the security of our systems since the attack and that we fully co-operated with its investigation."

The attacker is believed to have potentially accessed the personal data of 429,612 customers and staff.

This included the names, addresses, payment card numbers and the three digits on the back of cards of 77,000 customers, and card numbers only for 108,000 customers.

Usernames and passwords of British Airways' employee and administrator accounts, as well as the usernames and PINs of up to 612 of the airline's Executive Club accounts, were also potentially accessed.

By Neil Lancefield, PA Transport Correspondent

source: PA

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
16 May 2024 06:00

How easyJet's bet on holidays paid off

LONDON, May 16 (Reuters) - EasyJet's big bets on package holidays and better-located airports are helping it win customers, its CEO and investors sa...

14 May 2024 06:27

UK ministers, companies visit Saudi Arabia to boost trade ties

(Alliance News) - UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that Riyadh authorised ...

13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning ...

13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

13 May 2024 09:03

JPMorgan sees further upside at IAG despite recent rally

(Sharecast News) - British Airways owner IAG's stock was making gains on Monday following positive comments from JPMorgan, which said that earnings mo...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.