TalkTalk profits halve after cyber-attack

Telecoms firm reveals cost of attack hit 42m, cutting its profits from 32m to 14m

TalkTalk profits more than halved following a cyber-attack in which the personal details of thousands of customers were hacked.

The telecoms company was hit with 42m in costs when almost 157,000 customers were affected by the attack in October last year. Almost one in 10 of those customers had their bank account numbers and sort codes accessed.