Data breach
In results published on Friday, IAG said BA would "vigorously defend itself" against a record £183m fine imposed by the Information Commissioner's Office (ICO) following a major data breach last year. BA was penalised after it emerged that users of its website were diverted to a fraudulent site where data from around 500,000 customers were harvested by hackers. However, IAG denied British Airways failed to comply with its obligations under General Data Protection Regulation and the UK Data Protection Act and would therefore use "all available appeal routes" against the ICO fine. For the first half of the year, IAG reported a 7.2% rise in sales to €12bn (£10.9bn) while pre-tax profits dropped to €1bn from €1.6bn. Shares in IAG rose 3.4% in early stock market trading.DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
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