A British Airways plane taxis past tail fins of parked aircraft near Terminal 5 at Heathrow Airport in London, Britain.(REUTERS)
A British Airways plane taxis past tail fins of parked aircraft near Terminal 5 at Heathrow Airport in London, Britain.(REUTERS)

British Airways faces biggest class-action suit over data breach

More than 16,000 victims have now joined a case seeking compensation from the airline.
Bloomberg
PUBLISHED ON JAN 12, 2021 10:41 PM IST

British Airways Plc faces the largest privacy class-action lawsuit in UK history over its 2018 customer data breach.

More than 16,000 victims have now joined a case seeking compensation from the airline. They could claim 2,000 pounds ($2,724) each, according to PGMBM, the law firm representing the claimants.

“We trust companies like British Airways with our personal information and they have a duty to all of their customers and the public at large to take every possible step to keep it safe,” Tom Goodhead, a partner at PGMBM, said in an email. “In this instance, they presided over a monumental failure.”

IAG SA-owned BA revealed in September 2018 that a violation of its security systems compromised the personal and financial details of more than 400,000 customers. The carrier was fined 20 million pounds by the UK data protection watchdog last year, a fraction of a much heftier fine initially planned by the regulator.

The suit was filed in 2018, with a March 2021 deadline for more victims to join. The claimants’ lawyers say that if every victim of the cyberattack joined the claim, BA’s overall potential liability would be around 800 million pounds.

The UK Information Commissioners’ Office said its investigation into the cyberattack found that “the airline was processing a significant amount of personal data without adequate security measures in place,” exposing people’s data unnecessarily. The fine is the ICO’s biggest to date.

BA said in an emailed statement that it continues “to vigorously defend the litigation in respect of the claims brought arising out of the 2018 cyberattack.” It said it doesn’t “recognize the damages figures put forward, and they have not appeared in the claims​.”

At a case management hearing in November, BA told the court it was open to the possibility of entering into settlement discussions with the claimants, according to Goodhead. However, they haven’t yet received any proposals, he said. The next hearing is in February.

SHARE THIS ARTICLE ON
app
Close
Saudi shipments to China in 2020 were rose 1.9% from a year earlier to 84.92 million tonnes. In picture - Saudi Aramco's Ras Tanura oil refinery and oil terminal.(Reuters)
Saudi shipments to China in 2020 were rose 1.9% from a year earlier to 84.92 million tonnes. In picture - Saudi Aramco's Ras Tanura oil refinery and oil terminal.(Reuters)

Saudi Aramco excludes emissions data in disclosures to investors

Reuters
PUBLISHED ON JAN 21, 2021 05:43 PM IST
The world's biggest oil company's self-reported carbon footprint might nearly double, adding as much as 55 million metric tons of carbon dioxide equivalent to its annual tally, if those facilities are included, according to the report.
Close
Bank deposits and insurance/pensions form 14 per cent each of the total household savings. (Sonu Mehta/HT file photo)
Bank deposits and insurance/pensions form 14 per cent each of the total household savings. (Sonu Mehta/HT file photo)

$200 bn extra savings, lockdown boosts household savings to 20-yr high: Report

PTI, Mumbai
PUBLISHED ON JAN 21, 2021 05:40 PM IST
Historically households have been funding a third of the capital formation of the rest of the economy.
Close
On Thursday, the rupee spurted 24 paise to end at a nearly four-month high of 73.07 against the US dollar.(REUTERS)
On Thursday, the rupee spurted 24 paise to end at a nearly four-month high of 73.07 against the US dollar.(REUTERS)

Rupee gains 6 paise to close near 5-month high of 72.99 vs USD

PTI, Mumbai
PUBLISHED ON JAN 21, 2021 05:28 PM IST
It finally closed higher by 6 paise at 72.99 to the dollar, a level not seen since September 1, 2020.
Close
Representational image. (Getty Images/iStockphoto)
Representational image. (Getty Images/iStockphoto)

Budget 2021: CII seeks customs duty exemption for defence imports in pvt sector

PUBLISHED ON JAN 21, 2021 05:03 PM IST
The industry body said the taxes were affecting the private sector’s competitiveness across all projects, especially “large value, long-gestation period” programmes such as shipbuilding
Close
Titan was the top loser in the Sensex pack, shedding around 2 per cent, followed by Nestle India, HUL, HCL Tech, Infosys, ITC and Kotak Bank.(PTI)
Titan was the top loser in the Sensex pack, shedding around 2 per cent, followed by Nestle India, HUL, HCL Tech, Infosys, ITC and Kotak Bank.(PTI)

Sensex breaches 50k-mark, ends lower on profit-booking

PTI, Mumbai
UPDATED ON JAN 21, 2021 04:24 PM IST
The broader NSE Nifty slipped 54.35 points or 0.37 per cent to close at 14,590.35.
Close
Bharat Petroleum Corp. Ltd is India’s second-largest fuel retailer with a 25.77% market share.ramesh pathania/mint(MINT_PRINT)
Bharat Petroleum Corp. Ltd is India’s second-largest fuel retailer with a 25.77% market share.ramesh pathania/mint(MINT_PRINT)

India still hopes oil majors will join race for biggest sale

Bloomberg
PUBLISHED ON JAN 21, 2021 02:47 PM IST
The planned $6.5 billion sale of the government’s 53% stake in the refiner will be India’s first big-ticket transaction in over a decade.
Close
The RBI slashed interest rates early last year to cushion the shock from the coronavirus crisis, but has left rates unchanged in recent months, cautious of rising inflation.(MINT_PRINT)
The RBI slashed interest rates early last year to cushion the shock from the coronavirus crisis, but has left rates unchanged in recent months, cautious of rising inflation.(MINT_PRINT)

India has been through worst of Covid-19, barring another wave, says RBI

Reuters
PUBLISHED ON JAN 21, 2021 02:26 PM IST
The RBI expects Asia's third-largest economy to contract by 7.5% in the current fiscal year to March, but analysts believe it is likely to escape recession and see modest growth in the current quarter.
Close
The coronavirus crisis had directed the benchmark to hit record lows in the late March of 2020.(PTI)
The coronavirus crisis had directed the benchmark to hit record lows in the late March of 2020.(PTI)

From 26,000 to 50,000: Tracing Sensex's journey to record high in last 10 months

By hindustantimes.com | Edited by Deepali Sharma, Hindustan Times, New Delhi
PUBLISHED ON JAN 21, 2021 02:13 PM IST
The comeback of Sensex began in April 2020, going through a bumpy ride on the back of government introduced stimulus measures.
Close
The rupee appreciated by 4 paise to 73.51 against the US dollar in opening trade on Monday as sustained foreign fund inflows and strong domestic equities strengthened investor sentiment.(PTI)
The rupee appreciated by 4 paise to 73.51 against the US dollar in opening trade on Monday as sustained foreign fund inflows and strong domestic equities strengthened investor sentiment.(PTI)

Hopes fade for turnaround in Asia’s worst-performing currency of 2020

Bloomberg
PUBLISHED ON JAN 21, 2021 12:35 PM IST
India’s forex reserves consequently rose to a record $586 billion, catching up with Russia, which has the world’s fourth-largest stockpile.
Close
Bitcoin is struggling to maintain its momentum from the end of 2020.(File photo)
Bitcoin is struggling to maintain its momentum from the end of 2020.(File photo)

Bitcoin falters for a second day, slides below technical level

Bloomberg
PUBLISHED ON JAN 21, 2021 12:19 PM IST
Bitcoin’s latest gyrations have seen it touch a record of almost $42,000 earlier this month before quickly dropping about 17%.
Close
A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd. in Mumbai(Bloomberg File Photo)
A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd. in Mumbai(Bloomberg File Photo)

Future Retail, Enterprises hit upper circuit after Sebi clears deal with RIL

PTI, New Delhi
PUBLISHED ON JAN 21, 2021 12:15 PM IST
Meanwhile, Reliance Industries Ltd (RIL) was trading at 2,114.8 during the late morning trade, rising 2.91 per cent.
Close
Union minister Gadkari said PSUs will soon settle dues of MSMEs within 45 days of sale.(Mohd Zakir/ Hindustan Times)
Union minister Gadkari said PSUs will soon settle dues of MSMEs within 45 days of sale.(Mohd Zakir/ Hindustan Times)

Gadkari says govt to bring law to ensure MSME dues are paid within 45 days

ANI, New Delhi
PUBLISHED ON JAN 21, 2021 11:16 AM IST
Union Minister of Micro, Small and Medium Enterprises Nitin Gadkari on Wednesday highlighted that delayed payments are hurting the sector.
Close
On Friday, the rupee had settled at 73.11 against the American currency. Representational image.(Getty Images/iStockphoto)
On Friday, the rupee had settled at 73.11 against the American currency. Representational image.(Getty Images/iStockphoto)

Rupee gains 7 paise to trade near 5-month high of 72.98 vs USD

PTI, Mumbai
PUBLISHED ON JAN 21, 2021 10:50 AM IST
Brent crude futures, the global oil benchmark, rose 0.36 per cent to USD 55.89 per barrel.
Close
The <span class='webrupee'>₹</span>4,633 crore IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on Wednesday.(Mint Archive)
The 4,633 crore IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on Wednesday.(Mint Archive)

Govt to earn 1,544 cr from Indian Railway Finance Corporation IPO

PTI, New Delhi
UPDATED ON JAN 21, 2021 09:48 AM IST
The IPO of IRFC closed on Wednesday with an enthusiastic response from investors in all the categories
Close
People watch the Sensex on a screen outside Bombay Stock Exchange (BSE) in Mumbai. (PTI File Photo)
People watch the Sensex on a screen outside Bombay Stock Exchange (BSE) in Mumbai. (PTI File Photo)

Sensex scales 50,000; Reliance gains on nod for Future deal

Reuters, Bengaluru
UPDATED ON JAN 21, 2021 10:34 AM IST
Investor sentiment was also boosted with global equity benchmarks hitting record highs on Wednesday on expectations of further US stimulus from newly inaugurated US President Joe Biden's administration.
Close
SHARE
Story Saved
OPEN APP