Reported 16 days ago
Capita, a UK outsourcing firm, has been fined £14 million ($18.7 million) due to a 2023 cyber attack that compromised the personal data of 6.7 million individuals. The breach revealed the company's inadequate cybersecurity measures, prompting serious scrutiny from regulatory bodies. With rising pressures on UK firms following several high-profile breaches, Capita has improved its security protocols and anticipates a significant cash outflow for 2025.
Source: YAHOO