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International

Cyber attack costs TalkTalk $86.5 million

February 03, 2016 Reprints

A cyber attack on U.K.-based TalkTalk Telecom Group P.L.C. in October 2015 has cost the firm about £60 million ($86.5 million), reported The Guardian.

TalkTalk has lost 101,000 customers due to the attack but said that its business is returning to normal.

The cost of disruption following the attack totaled £15 million in the three months to the end of December and exceptional costs amounted to up to £45 million.

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Cyber attack costs TalkTalk $86.5 million

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