Royal Mail spent £10 million recovering from LockBit breach

After a ransomware attack by LockBit earlier this year, the Royal Mail spent £10m on enhancing its cybersecurity measures, leading to an annual increase in infrastructure costs of 5.6%. The company suffered a half-year loss of £319m following the attack, which severely affected its international revenue and saw its overseas delivery service disabled for several weeks. The attack stole 44GB of data, primarily relating to 200 employees.