Capita to pay $25M for cyber attack recovery

British outsourcing company Capita has confirmed that it will incur costs of around $25m following a cyber attack in March. The costs will cover the hiring of specialists, restoration work, security improvements and the elimination of problems related to the attack. Capita had previously denied any evidence of customer, supplier or employee information being stolen, but now concedes that it may have been. The attack was limited by the company’s Information Board team. Responsibility for the attack was claimed by hacker group Black Basta, which posted allegedly stolen data on the darknet.

The UK pension regulator is among those affected by the attack. It has written to hundreds of pension funds requesting that they check whether any of their data was compromised. Capita shares have fallen by over 12%, from $47.97 to $42.58.

In April 2022, data on 100 recruits of the British Army were stolen in a campaign against Capita.

/Reports, release notes, official announcements.