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As telecoms firm's shares tumble...

15-year-old quizzed by police over TalkTalk cyber attack

TalkTalkA 15-year-old boy was released on bail after being quizzed by police in Northern Ireland in connection with the cyber-attack on TalkTalk’s website.

He was arrested in County Antrim at 4.20pm on Monday by officers from the Police Service of Northern Ireland working with detectives from the Metropolitan police’s cybercrime unit.

The teenager was arrested on suspicion of offences under the Computer Misuse Act, police said.

A statement from TalkTalk said: “We know this has been a worrying time for customers and we are grateful for the swift response and hard work of the police. We will continue to assist with the ongoing investigation.

“In the meantime, we advise customers to visit http://talktalk.co.uk/secure for updates and information regarding this incident.”

The telecoms provider admitted last week it had been hacked and that investigations so far show that sensitive financial information – i.e. credit and debit card numbers – was protected.

“Bank account numbers and sort codes may have been accessed. But without more information, criminals can’t use these to take money from your bank account.  Even then, the chances are very small indeed,” said the company on its website.

Amid speculation over the future of chief executive Dido Harding – who admitted she did not know if customer details were encrypted – TalkTalk executives are to be summoned to a meeting of MPs.

An inquiry into the TalkTalk hack will be launched by Jesse Norman, chair of the culture, media and sport select committee.

Shares in the firm fell a further 12% on Monday as investors fret over the extent of the breach and the response of customers whose confidence is likely to have been undermined.

MPs and business leaders are now facing the possibility of regulatory involvement in tackling cybercrime by insisting firms take firmer action.

>> Daily Business Comment: Time to stop hiding heads in sand

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