"Capita Says Ransomware Attack Will Cost It Up to $25 Million"

UK-based business process outsourcing and professional services company Capita recently announced that it expects to incur costs ranging between roughly $19 million and $25 million due to a recent cybersecurity incident, but it has not clarified whether that includes a ransom payment to the hackers.  The breach came to light on March 31, when Capita said it was experiencing a major IT incident that had been causing disruptions, but it took until April 3 for the company to confirm that the cause was a cyberattack.  Capita initially said there was no evidence of customer or other information getting compromised but confirmed that files were stolen from its systems on April 20, days after a ransomware group named Black Basta started leaking information allegedly stolen from the company.  The leaked files stored personal and financial information.  In its latest update on the cybersecurity incident, the company said it determined that data was stolen from less than 0.1% of its server estate, it previously said that 4% of its servers were impacted.  Capita is one of the largest business outsourcing providers in the UK, and its services are used by the government.

SecurityWeek reports: "Capita Says Ransomware Attack Will Cost It Up to $25 Million"