Home Business NewsBusinessAviation IAG shares slide after BA site suffers data theft

IAG shares slide after BA site suffers data theft

by Purvai Dua
7th Sep 18 7:50 am

Shares in IAG, owner of British Airways, slipped more than 4 per cent today following the news that financial data of around 380,000 British Airways customers have been ‘compromised’.

The card details had been stolen in a breach that took place between 21 August and 5 September. The stolen data did not include travel or passport details, according to latest reports.

BA boss has apologised for what he has called a very sophisticated breach of the firm’s security systems. Alex Cruz told the BBC: “There was a very sophisticated, malicious criminal attack on our website.”

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