British Airways has been fined more than £183 million after computer hackers last year stole bank details from hundreds of thousands of passengers, its parent group IAG said Monday. The fine is equivalent to 1.5% of British Airways' turnover in 2017, IAG added. British Airways CEO Alex Cruz said the airline was "surprised and disappointed" by the punishment. "British Airways responded quickly to a criminal act to steal customers' data," he said in the statement. British Airways had revealed the hack in September, just a few months after the European Union tightened data protection laws with the so-called General Data Protection Regulation (GDPR).

Source: The Hindu July 08, 2019 07:31 UTC