Capita shares plummet 11 per cent as contractor reveals cyber attack cost £25m

Capita shares in slumped 11.4 per cent on Friday morning after it said a recent data breach could cost it up to £25m.

The government contractor, which provides data and IT outsourcing processes, said this morning it expects a major cyber attack in March could cost it £20-25m, as an investigation nears its close.

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Source: City A.M.