Bank Of Ireland Fined €1.7m For Cyber Fraud Failings

27 May 2019

The Bank of Ireland has been fined €1.7m for failures in management of third party payments and obstructing the central bank’s investigation of fraud. The penalty stemmed from two fraudulent payments totalling €106,430 made in September 2014, when a criminal hacked the email account of one of the bank’s clients and impersonated … Continued