Barclays to be fined again after data breach

10 February 2014

barclays_bank_limited Beleaguered Barclays are staring down the barrel of yet more fines after they stated that they're looking into the reasons why 27,000 of their customers had their data stolen and flogged by bad people on the black market.

According to a statement, they said they'd notified regulators over the data breach and started their own probe.

"This appears to be criminal action and we will co-operate with the authorities on pursuing the perpetrator," said Barclays.

If you had any dealings with Barclays Financial Planning wing (which closed in 2011) and haven't heard from the  bank yet, it would be worth getting in touch to see what you need to do or, indeed, to see what free stuff you can get by way of compensation.

The Barclays statement continued: "Protecting our customers' data is a top priority and we take this issue extremely seriously. We would like to reassure all of our customers that we have taken every practical measure to ensure that personal and financial details remain as safe and secure as possible."

Cyber-attacks on financial institutions are becoming more frequent, but it seems our banks are slow to react to the whole thing, so maybe, just to be on the safe side, we should start drawing all our money out and hiding it under the bed and asking our banks to burn all our details in a huge pyre in a town square.

TOPICS:   Banking   Privacy

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