British Airways faces record 183.4 million pounds fine over data theft

British Airways faces record 183.4 million pounds fine over data theft

British Airways-owner IAG (ICAG.L) is facing a record $230 million (183.4 million pounds) fine for the theft of data from 500,000 customers from its website last year under tough new data-protection rules policed by the UK’s Information Commissioner’s Office (ICO). The ICO proposed a penalty of £183.4 million, or 1.5% of British Airways’ 2017 worldwide...

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