Capita

Law firm has launched class action against the firm following the cyber incident in March

Samantha Howell says schemes must ensure policies and procedures are in place

Retailer says incident likely to have affected a large proportion of the scheme’s members

Scheme says favourable market conditions may result in a higher scheme surplus

Comes as TPR warns trustees to ensure member data is secure

Cost of Capita’s cyber incident, TPR updates guidance, and PDP publishes progress update

Firm said some data was exfiltrated from less than 0.1% of its server estate

PensionBee analysis of Origo data found a 31% increase in transfer times in two years to 2022

Regulators says they are closely monitoring the incident

Regulator urges schemes to determine if Capita breach poses risk to scheme data