Tesco Bank Freezes Online Transactions.
Britain’s Tesco Bank has completely frozen online banking transactions after 20,000 of its customers had money stolen over the weekend.
The ‘precautionary measure‘ was taken after around 40,000 customers of the supermarket’s retail finance arm reported suspicious activity on their current account. Of that, 20,000 are known to have said money was taken from their accounts without their consent.
One customer told the BBC that he had lost £500 (A$803), and another person’s account was emptied of £600 (A$964), leaving him unable to pay for food and bills.