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BA fine for losing customers’ credit card details dropped by £163m

BA fine for losing customers’ credit card details dropped by £163m

Technology
British Airways is to be fined £20m after losing the personal and financial details of more than 400,000 customers in a cyber attack.The fine is considerably lower than the £183m fine which the Information Commissioner's Office (ICO) had initially notified the company of last year. According to the ICO, the regulator took into account "representations from BA and the economic impact of COVID-19 on their business before setting a final penalty".It comes as the company's chief executive told MPs back in September that the business was "fighting for its survival" as a consequence of the pandemic.The ICO said it took into account the economic impact of its initial fine as part of its regulatory action policy, which is currently under review. ...