BA under pressure as hack details emerge

As further details of a British Airways hack that stole financial details of 380,000 customers emerged Monday, at least one UK high street bank said it is discussing whether there is a way to claim compensation from the company. BA is also expected to face tougher fines for the hack, which took place during 2 weeks from Aug 21 because of sensitive bank card verification codes that were stolen at the time. Businesses receiving payments are not allowed to store card verification value codes, even if they are encrypted, because they make it much easier for cards to be used. “I believe it might be the worst financial data breach of all time in the transportation sector, increasingly chosen as a target of cyber-attacks,” said one cyber security and privacy researcher. <br/>
Financial Times
https://www.ft.com/content/81f97866-b510-11e8-b3ef-799c8613f4a1
9/10/18