The £183m British Airways fine is a game-changer for consumers
Inside Business: Penalties from the Information Commissioner of up to 4 per cent of turnover should incentivise investment in cybersecurity
They’re fining us when we’re the victims? Poor us!
That’s what British Airways’ reaction to being told by the Information Commissioner’s Office (ICO) of an intent to fine the airline £183m over a data breach last year feels like.
Here’s Alex Cruz, chair and chief executive: “We are surprised and disappointed in this initial finding from the ICO. British Airways responded quickly to a criminal act to steal customers’ data. We have found no evidence of fraud/fraudulent activity on accounts linked to the theft.”
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