Almost half a million Lloyds customers had personal data exposed in IT glitch

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An IT glitch in Lloyds Banking Group's mobile apps exposed the personal data of nearly 500,000 customers in March 2024. A software defect during an overnight update to Lloyds, Halifax, and Bank of Scotland apps allowed some users to potentially view other users' payments, account details, and national insurance numbers. Lloyds reported the incident to regulators and has compensated over 3,600 customers for distress, though no financial losses have been reported. The bank is asking customers to delete any recorded or shared information. The incident raises concerns about customer protection as banks increasingly shift towards digital banking amid branch closures and competition from online-only banks.
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AI-ExtractedLloyds has so far paid £139,000 to compensate 3,625 customers for distress and inconvenience.
About 114,182 people ended up clicking into transactions that revealed account details.
Up to 447,936 customers were potentially able to view private information of other users.
Lloyds Banking Group exposed the personal data of nearly 500,000 customers in an IT glitch.
There is currently no evidence of misuse or malicious activity as a result of the incident.
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