Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Hydration breaks: World Cup ad cost could eclipse Super Bowl’s $7m price tag

      Unfortunately, without specific details about the articles title, content, or the subject of the image, creating a precise...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Hydration breaks: World Cup ad cost could eclipse Super Bowl’s $7m price tag

      Unfortunately, without specific details about the articles title, content, or the subject of the image, creating a precise...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Bowls Club is the City’s most eccentric (and brilliant) pop-up

      Local bowls club members enjoying a sunny day on the green, engaging in a competitive match with vibrant surroundings.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Friday 07 September 2018 11:43 am

BA promises customer compensation after data breach as Monzo issues 1,300 replacement cards

By: Callum Keown

Add as a preferred source on Google

Customers financially impacted by a British Airways data breach will be “100 per cent compensated”, the company's chief executive has said today.

BA boss Alex Cruz promised full compensation for any customers who lose money as a result of the breach, which saw personal and financial details compromised.

He called the hack a "sophisticated, malicious criminal attack".

Read more: BA in data theft mess as 380,000 card payments 'compromised'

The company said that between 21 August and 5 September, at least 380,000 customers may have had their card payments compromised and urged those affected to contact their bank.

Digital bank Monzo has already issued 1,300 replacement debit cards to its customers who spent money with BA over the two-week period of the breach.

Users praised chief executive Tom Blomfield and the company for being “very proactive” in helping customers.

BA, having launched an investigation, has also told customers on Twitter they will not be left “out of pocket” and offered to pay for credit rating checks.

Read more: Dixons Carphone reveals flat growth for first quarter following data breach

Cruz told Radio 4's Today programme: "We are deeply sorry for the disruption that this criminal activity has caused. We take the protection of our customers’ data very seriously.

"We are committed to working with any customer who may have been financially affected by this attack, and we will compensate them for any financial hardship that they may have suffered."

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Trending Articles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • London Tech Week sums up everything wrong with UK tech

More from CityAM

  • Monzo’s profit rockets as customer base grows by a quarter

    Fintech
    Monzo has been hit with a fine by the City regulator.
  • Ovo to cough up £10.4m for exposing vulnerable customers to harm

    Energy
    Stephen Fitzpatrick is the billionaire founder of Ovo Energy.
  • ‘Centre of gravity is shifting’: UK fintech hiring to switch focus from neobanks

    Fintech
    Modern office workspace with a laptop displaying financial data charts, emphasizing digital transformation in business ana...
  • The Debate: Should CEOs be held personally accountable for cyberattacks?

    Opinion
    Evil-looking keyboard symbolizing cybersecurity threats and hacking risks in a digital landscape.
  • FICO UK Credit Card Market Report: March 2026

    Business Wire
  • Marqeta Expands Account and Money Movement Offering in Europe, Building on Strong Regional Momentum

    Business Wire
  • Deutsche Bank hit with six-figure fine in UK for breaching Russia sanctions

    Banking
    Deutsche Bank is Germany's biggest lender.
  • Monzo goes mobile: UK fintech debuts cell service in tie-up with Virgin Media O2

    Fintech
    Join the waitlist for Monzo Mobile today banner with vibrant colors and Monzo logo on a digital interface background

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies