Capita handed huge £14m fine over security failings which lead to data breach

Security padlock and circuit board to protect data.

• A huge £45 million was handed to Capita, but this was reduced to £14 million in a voluntary settlement
• The penalty follows a data breach that saw financial information exposed
• UK institutions have been targeted in a string of high profile ransomware attacks

A £14 million fine ($18.7 million) has been doled out to Capita, the UK’s largest outsourcing, consulting, and digital services business due to security failings - this is one of the largest fine ever issued by the Information Commissioners Officer (ICO).