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flag Lloyds banking group exposed customer data due to IT glitch.

Nearly half a million customers of Lloyds Banking Group were affected by an IT glitch on March 12 that briefly exposed other people’s transactions and sensitive data in mobile apps. The issue, caused by a software defect during an overnight update, allowed some users to view unrelated financial details. Lloyds has compensated 3,625 customers with £139,000 and stated no financial losses occurred, though the incident has raised concerns about the risks of digital banking.

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