Capita incurs net costs of £25M due to cyber incident
As a result of the incident, Capita incurred net costs of £25m, comprising specialist professional fees, recovery and remediation costs.
As a result of the incident, Capita incurred net costs of £25m, comprising specialist professional fees, recovery and remediation costs.
The Board of Capita announces that Janine Goodchild will step-down as an Employee Director on 31 December 2023.
The organisational changes proposed at Capita plc primarily impact indirect support function and overhead roles.
Capita plc announced today that Jon Lewis has informed the Board of his intention to retire from the company.
Capita expects to incur exceptional costs of approximately £15m to £20m associated with the cyber incident.
The majority of Capita’s client services were not impacted by the incident and remained in operation.
Capita confirms that on March 31, 2023, it experienced a cyber incident primarily impacting access to internal Microsoft Office 365 apps.
Capita plc (LON:CPI) has completed the sale of its Pay360 Limited business to Access PaySuite Ltd, a division of The Access Group.
Capita has agreed to sell Pay360 to Access PaySuite, a division of The Access Group in a deal that values Pay360 at £150m.