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News · 18 May 2026

UK businesses spend £3.7bn on cyberattack legal action

UK businesses spend £3.7bn on cyberattack legal action

AI Generated (ChatGPT)

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

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