Capita reports £107mn annual losses, blames cyberattack
The attack, identified as a ransomware breach orchestrated by the notorious Black Basta group, wreaked havoc on the company’s financial health, resulting in direct costs of £25.3 million ($32 million). Initially estimating the incident’s impact at £20 million, Capita’s revised figures underscore the extensive repercussions of the attack. The company’s annual report for 2023, released …