UK phone and broadband provider TalkTalk told the BBC that its recent security breach will cost the company roughly £35 million ($53 million) in one-off expenses. Speaking to the BBC’s Today show, TalkTalk CEO Dido Harding said: The estimated one-off costs are between £30m and £35m – that’s covering the response to the incident, the incremental calls into our call centres, obviously the additional IT and technology costs, and then the fact that over the last three weeks until yesterday our online sales sites have been down, so there will be lost revenue as a result. Of course, that doesn’t…
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