Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Capita’s £68M Loss Linked to Cyber Incident

August 7, 2023
Reading Time: 2 mins read
in News

 

Outsourcing firm Capita is bracing for a financial blow of up to £25 million due to a cyber-attack originating in March, causing the company to incur a pre-tax loss of nearly £68 million in the first half of the year. The attack, attributed to the Black Basta ransomware group, targeted Capita’s Microsoft Office 365 software, compromising sensitive data belonging to its workforce and numerous clients.

Although Capita stated that only a small fraction of its server estate, less than 0.1%, had been breached, the breach prompted the company to take extensive measures to secure the compromised data and support affected parties.

Capita, known for providing essential services to entities such as the NHS, local councils, and the military, revealed that the financial fallout from the “cyber incident” could range between £20 million and £25 million.

This updated estimate factors in the complexities of analyzing the “exfiltrated” data, recovery and remediation costs, and investments aimed at bolstering cybersecurity. Despite this, the firm remains unable to gauge the potential fines stemming from the incident and has yet to allocate funds for prospective expenses.

Following the cyber-attack, around 90 organizations reported breaches of personal information held by Capita, prompting scrutiny from the Information Commissioner’s Office.

The breach exposed the vulnerabilities of Capita’s systems, which are responsible for administering pension funds for major firms like Royal Mail and Axa. As Capita navigates this crisis, it recently announced the upcoming departure of CEO Jon Lewis, who will be succeeded by Adolfo Hernandez from Amazon Web Services, signifying the company’s commitment to addressing the aftermath of the cyber incident and enhancing its cybersecurity measures.

Reference:
  • Cyber-attack to cost outsourcing firm Capita up to £25m
Tags: August 2023Black BastaCapitaCyber NewsCyber News 2023CyberattackCybersecurityRansomwareVulnerabilities
ADVERTISEMENT

Related Posts

Google to Verify Android Developers

Google to Verify Android Developers

August 26, 2025
Google to Verify Android Developers

Linux Celebrates 34 Years Worldwide

August 26, 2025
Google to Verify Android Developers

National Public Data Relaunches After Breach

August 26, 2025
New Malware Pushes Cybercrime Limits

NIST Issues Lightweight Crypto Standard

August 25, 2025
New Malware Pushes Cybercrime Limits

FTC Warns Big Tech on Encryption

August 25, 2025
New Malware Pushes Cybercrime Limits

New Malware Pushes Cybercrime Limits

August 25, 2025

Latest Alerts

Malicious Apps Removed from Google Play

Fake CoinMarketCap Journalists Scam

AI Browsers Pose Prompt Injection Risk

Tableau Server Flaw Enables Uploads

Fakes Android Antivirus Has Malware

Fake Go SSH Tool Steals Credentials

Subscribe to our newsletter

    Latest Incidents

    Farmers Insurance Cyberattack Hits 1M

    Arch Linux Hit by Ongoing DDoS Attack

    Hackers Disrupt Iran Merchant Fleet Again

    Hackers Hijack Russian TV Broadcast

    Data I O Halts Systems After Attack

    Grok Chat Data Exposed via Google

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial