Hacking became expensive for British Talk Talk – New Technology

       

Talk Talk were exposed in October for a major and sustained hacking meant to 157,000 customers banking and personal data flowed out of the company.

Last Tuesday reported to the bill. The costs for IT attack amounts to 60 million pounds, or 780 million Swedish crowns.

It is nearly twice as much as the telecom company in November last year estimated the extra expenditure.

Overall, the company lost 101,000 customers during the last quarter and up to 31 december. Of those considered to 95,000 due to hacking.

The company’s approximately 4 million customers chose 489 000 to accept an offer to get free upgrades of its software, to address safety deficiencies.

according to the company could already for the month of January this year see a recovery and positive earnings growth.

it is encouraging to see that the business returns to normal after a challenging quarter that was dominated by the cyber attack, says Talk Talk’s chief executive Dido Harding in a statement.