Get the app →
BriefTea logoBriefTea

Every story in sixty words

News · 18 May 2026

UK businesses spend £3.7bn on cyberattack legal action

UK businesses spend £3.7bn on cyberattack legal action

Businesses are facing rising costs from cybercrime as companies spend more handling legal claims and regulatory action after attacks. Research reported UK firms paid £3.7bn in legal expenses linked to cyber incidents during the past year. Data cited by City AM said companies are also dealing with growing pressure from regulators and customers following major breaches.

Reported by City A.M. · How we write briefs

More briefs

WorldTurkey, Saudi Arabia and Pakistan to discuss new mutual protection deal on Monday WorldIran's unseen supreme leader urges Gulf countries to fight a shared enemy BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers GeneralNigel Farage's £5m donor has major stakes in arms industry PoliticsTreasury officials advise John Healey to tax banks and oil companies more HealthCorrecting hearing loss can cut dementia risk by almost half Browse all stories →