The bank is has been fined for an IT meltdown in 2018 that left customers unable to access accounts.
TSB has been fined nearly £49m for an IT meltdown in 2018 that caused chaos and left its customers unable to access online accounts for several weeks.
The issues were not fully resolved for eight months and "a significant proportion of its 5.2 million customers were affected by the initial issues" said the watchdog.Mark Steward, executive director of enforcement and market oversight at the Financial Conduct Authority, said: "The failings in this case were widespread and serious which had a real impact on the day-to-day lives of a significant proportion of TSB's customers, including those who were vulnerable.
However, it proved disastrous with many customers being locked out of their accounts and some customers being given access to the confidential records of others.The FCA said while data itself was transferred successfully, the IT platform "immediately experienced technical failures".
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
TSB fined £48m for 'failings' related to massive IT meltdown in 2018The bank says it has transformed its business since the self-inflicted PR disaster of April 2018 when a transfer of customer data to new systems went spectacularly wrong, with disruption lasting months for some customers.
Lire la suite »
Dad of Scots teen who died after taking ecstasy ramps up law change campaignStewart Handling's daughter, Grace, 13, died after taking ecstasy at a party in 2018.
Lire la suite »
Jeff Brazier’s romance with wife Kate from counselling to sudden splitJeff Brazier has announced that he and wife Kate Dwyer called time on their relationship earlier this year, after nine years together and tying the knot back in 2018
Lire la suite »
Meghan Markle shares close-up wedding photo of mother-in-law Princess Diana's striking ringMeghan Markle was pictured at her exclusive wedding reception with Prince Harry in 2018 wearing Princess Diana's vibrant aquamarine ring – look.
Lire la suite »
Gabapentinoids for Pain: A Review of Published Comparative Effectiveness Trials and Data Submitted to the FDA for Approval - DrugsUse of the gabapentinoids for pain continues to increase. In 2018, the US Food and Drug Administration (FDA) strengthened the warnings for both gabapentin and pregabalin to emphasize the central nervous system side effects and the risk of respiratory depression, especially when combined with other centrally acting drugs. We reviewed the published comparative effectiveness literature for gabapentinoids for pain as well as all trials (published and unpublished) used by the FDA for the approval of the five pain indications for these agents (one for gabapentin, four for pregabalin). Among the findings of interest are the fact that the FDA rejected the application for gabapentin for diabetic peripheral neuropathy based on the risk versus benefit profile of that drug in the clinical trials that were submitted by the manufacturer. Additionally, both the comparative effectiveness trials as well as the studies used by the FDA tend to be short in duration and show only modest pain benefits for the gabapentinoids. The placebo response in these trials was frequently one-third to one-half as great as the pain benefit demonstrated by the gabapentinoid. Based on the available clinical trial evidence, we feel prescribers should be cautious when using gabapentinoids for pain, particularly when using these agents for a prolonged period or when combined with other, centrally acting agents.
Lire la suite »
Alcoholic Derbyshire police officer fined for drink-drivingPC Robert Beeston was reported by his estranged wife after their marriage broke down.
Lire la suite »