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(follow-up) Compensation confusion over Santander’s statement fiasco

Posted on December 24, 2010 by Dissent

Victoria Bischoff reports:

Santander yesterday admitted sending the wrong bank statements containing other people’s personal details to thousands and thousands of customers.

We explain if these customers will be entitled to compensation and if they are now at more risk of fraud?

Will I get compensation from Santander?

Early misleading reports indicate that tens of thousands of Santander customers whose bank statements were sent to the wrong address will be entitled to between £25 and £100 in compensation each.

However, a spokesperson for Santander today confirmed that compensation will only be paid out to people who fall victim to fraud as a result of the mistake.

Read more on CityWire.

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Category: Breach IncidentsExposureFinancial SectorNon-U.S.Paper

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