U.K. banks unscathed for Indian data breach

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British banks will not face any action over an alleged data breach in an Indian call center last year, the U.K.’s data protection watchdog has said. In the breach, an undercover newspaper reporter was allegedly able to buy the bank account, credit card, passport and driving license details of 1,000 British bank customers for just 4.25 pounds ($7.50) each from a New Delhi call center worker who was said to have promised to supply confidential data from 200,000 accounts per month.

The Information Commissioner, the U.K.’s data protection agency, warned at the time that the banks could face prosecution for a criminal breach of the country’s Data Protection Act. But the IC said on Friday that it will not be taking action against any of the banks involved in the newspaper sting. Following an investigation, there was no evidence that any personal information was compromised, it said.

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This article, U.K. banks unscathed for Indian data breach, is just one of our articles from our Bank Horror Stories, HSBC Secrets Part 3

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