TalkTalk Profits Halve Following Cyber Attack

Telecoms provider TalkTalk has revealed full-year profits more than halved following a cyber-attack on its systems last October, costing the company £42m.The group saw profits fall 56% to £14m compared to £32m the previous year, but chief executive Dido Harding remains optimistic, saying business has “bounced back”.
TalkTalk lost 101,000 subscribers in its third quarter, following the hack on its systems, which resulted in the personal data of nearly 160,000 people being accessed.