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Lloyds Bank Exposes 447,936 Customers' Data
Lloyds Bank exposed the data of 447,936 customers in an IT glitch. A software defect during an IT update caused the glitch.
Payments and account details were visible to other users. Some customers saw other people's national insurance numbers.
Lloyds said sorry and paid some compensation. The Treasury Select Committee received a letter from Lloyds on Friday.
Klear Note — Data breaches happen when personal information is accidentally or intentionally exposed. Banks must protect customer data by law. This incident affected nearly half a million people.
Key Terms 3
- IT glitch
- a sudden fault or error in a computer system
- national insurance number
- a personal UK number used for tax and benefits
- Treasury Select Committee
- a group of UK lawmakers who check financial matters