Capita’s Costly Cyber Comedy: £14 Million Fine for Data Debacle!
Capita’s £14 million fine for a 2023 cyberattack is a costly reminder that even outsourcing giants must prioritize security. The breach exposed 6.6 million people’s data and highlighted Capita’s 57-hour response time to the initial threat. This cyber-incident has proven that when it rains, it pours—especially if you ignore cybersecurity umbrellas.
Hot Take:
Well, Capita, it seems like your cybersecurity was as effective as a chocolate teapot. For a company that’s supposed to be outsourcing expertise, they sure missed the memo on how not to outsource their customers’ data to hackers. But hey, at least they managed to turn a profit amid the chaos. Silver linings, right?
Key Points:
- The ICO fined Capita £14 million ($18.6 million) for a massive data breach affecting 6.6 million people.
- The breach exposed sensitive information like bank details, biometrics, and passport information.
- Capita’s slow response and inadequate security measures contributed significantly to the breach.
- Despite the breach, Capita continued to secure lucrative government contracts worth £6 billion ($8 billion).
- The company has since rolled out cybersecurity improvements and expressed regret over the incident.
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