TalkTalk’s profits have more than doubled, one year after a critical cyberattack cost the business millions of pounds. TalkTalk reported an operating profit of £60m for the six months leading up to 30 September, over twice the £25m amount listed in the same period in 2015. The company suffered the loss of over 157,000 customers’ details in a hacking attack in October 2015, which led to the further loss of 100,000 subscribers and around £42m in profit. In its latest annual report, TalkTalk, which is owned by BT Group, said it had been hit with “significant attacks” on its systems since last year.
TalkTalk’s profits have more than doubled, one year after a critical cyberattack cost the business millions of pounds. TalkTalk reported an operating profit of £60m for the six months leading up to 30 September, over twice the £25m amount listed in the same period in 2015. The company suffered the loss of over 157,000 customers’ details in a hacking attack in October 2015, which led to the further loss of 100,000 subscribers and around £42m in profit. TalkTalk attributes its recovery to its renewed focus on existing customers and new operational improvements.