Security News
Outsourcing giant Capita today reported a net loss of £106.6 million for calendar 2023, with the costly cyberattack by criminals making a hefty dent in its annual financials.As a result, newly minted Capita CEO Adolfo Hernandez announced further cost cuts for the coming year that aim to save the business an additional £100 million by mid-2025.
The number of claimants signing up to a Class Action against Capita over the infamous March cyber security break-in and subsequent data exposure keeps going up, according to the lawyer overseeing the case. Capita initially thought 4 percent of its server estate were accessed but later revised this to 1 percent, and admitted there was some evidence that customer, supplier or colleague data had been seen by the criminals.
The law firm that last month sent a Letter of Claim to Capita over the breach in late March says it has signed up nearly 1,000 clients as it prepares a class action lawsuit aimed at the outsourcing biz. The Pension's Regulator advised clients to speak to Capita to ascertain the risk.
Capita has informed some of its employees that its own pension fund was among the victims of a cybercrime attack on its system, resulting in the theft of their personal details, they say. In a letter shared with UK newspaper The Times, Capita apparently told staff members a full three months after the breach that it had "Identified evidence that the following personal data relating to you is within the data compromised and/or copied from Capita's systems."
Capita is facing its first legal claim over the high profile digital burglary in late March that exposed some customer data to intruders and will cost the outsourcing biz around £20 million to clean up. Barings Law, based in England's northwest, says it dispatched a Letter of Claim to Capita last week to outline its clients' case and their list of worries.
Capita, which is still dealing with a digital break-in that exposed customers' data to criminals, has scored a £50 million contract with the City of London police to run contact and engagement services for the force's fraud reporting service. The work will see Capita provide an "End-to-end customer management process" to potential victims of fraud when they contract the service.
The bad news train keeps rolling for Capita, with more local British councils surfacing to say their data was put on the line by an unsecured AWS bucket, and, separately, pension clients warning of possible data theft in March's mega breach. Alison Parkin, director of financial services at Derby CC, said Capita supported its council tax and benefits service, and data left exposed was collected in early 2021.
Capita is facing criticism about its security hygiene on a new front after an Amazon bucket containing benefits data on residents in a south east England city council was left exposed to the public web. Colchester City Council said on Monday it had launched a probe following the discovery of the open bucket, and was working with Capita to fully understand the "Extent of the data spill and take all necessary steps to minimize any impact on residents."
Business process outsourcing firm Capita is warning customers to assume that their data was stolen in a cyberattack that affected its systems in early April.Almost six weeks after the attack was disclosed, Capita warned Universities Superannuation Scheme, the largest private pension scheme in the UK, to react to the incident under the assumption that their members' data was stolen.
Universities Superannuation Scheme, the UK's largest private pension provider, says Capita has warned that details of almost half a million members were held on servers accessed during the recent breach. The USS made the disclosure today, saying that it uses Capita technology platform, Hartlink, to manage in-house pension administration processes, and was working closely with the scandal struck Capita since the digital burglary in March.