LSE:LLOYBanks
Lloyds Data Breach Raises Fresh Questions For Valuation And Share Momentum
Lloyds Banking Group has disclosed a major IT glitch that resulted in a customer data breach.
The incident exposed personal data for up to 447,936 customers across its brands, including transaction histories and national insurance numbers.
The bank has paid compensation for distress and inconvenience, and the breach has drawn scrutiny from the UK Treasury Committee.
Lloyds Banking Group, traded as LSE:LLOY, enters this incident with a share price of £0.9044 and multi year share price gains,...