Ulster Bank fined €3.5m over IT failure

Ulster Bank has been fined almost €3.5m after an IT failure prevented thousands of customers being able to use their accounts over a month.

Ulster Bank fined €3.5m over IT failure
Wed, 12 Nov, 2014 - 06:05

Ulster Bank has been fined almost €3.5m after an IT failure prevented thousands of customers being able to use their accounts over a month.

The fine is the highest imposed by the Central Bank of Ireland and has been accepted by RBS-owned Ulster Bank.

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CourtsBusinessHeathrowPerson: Derville RowlandPerson: RowlandOrganisation: Ulster BankOrganisation: Central Bank of IrelandOrganisation: RBSOrganisation: Central Bank
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