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British Airways hacked – leaks bank details for 380,000 customers

British Airways in ANOTHER blow amid hack of 380,000 card details

SHARES in British Airways’ owner have plunged this morning after a major hack that saw 380,000 card details stolen.

By Nicholas Bieber / Published 7th September 2018

Shares in International Airlines Group have dramatically plummeted by more than 3% at opening following the massive data breach. Its share price slumped as low as 642p, its lowest since early May, before recovering to around 667p – down 2%. 

British Airways announced yesterday that hackers had carried out a “sophisticated, malicious criminal attack” on its website. “It was a sophisticated, malicious criminal attack”, Alex Cruz, chief executive of British Airways said.

The major hack lasted for two weeks – from August 21 to September 5 – before being discovered by stunned bosses.

Customers are being urged to contact their card providers as a huge investigation begins into the hack.

The chief executive of British Airways revealed how the cyber-attack was first discovered on Wednesday evening.  He said that BA has a network of partners that monitor websites around the world and that one of those partners alerted the airline.

Alex Cruz said : “At the moment, our number one purpose is contacting those customers that made those transactions to make sure they contact their credit card bank providers so they can follow their instructions on how to manage that breach of data.”

The airline took out adverts in this morning’s national papers to again apologise for the breach.

The company could potentially face massive fines from the Information Commissioner’s Office, which is looking into the breach.

The airline in yesterday’s statement: “British Airways is investigating, as a matter of urgency, the theft of customer data from its website, ba.com and the airline’s mobile app. The stolen data did not include travel or passport details. “The breach has been resolved and our website is working normally.”

Source : https://www.dailystar.co.uk