U.K. bank suspends online payments after fraud hits 20,000 accounts

U.K. bank suspends online payments after fraud hits 20,000 accounts

The banking arm of U.K. supermarket chain Tesco has suspended online payments for its 136,000 checking account customers following a spate of fraudulent transactions.

The bank suspended its payment service for all checking account customers after 40,000 experienced suspicious transactions, bank CEO Benny Higgins told BBC Radio 4 on Monday.

“Around half of them had money taken from the account,” he said.

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Source: Security

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