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196 new news items in the last 24 hours
22 May 06:07

The cyber attack on Marks & Spencer will cut annual operating profit by almost a third, with losses estimated at £300m

Ana-Maria Tapescu
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International
Foto: shutterstock.com

British retailer Marks & Spencer has announced that a complex cyber attack will affect its annual operating profit by almost 30%, or £300 million, in the fiscal year 2025/2026. The attack resulted in empty shelves and blocked online sales, and the impact will continue through July. CEO Stuart Machin said M&S will accelerate its technology transformation, with the incident caused by "human error".

Sources

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News.ro
Marks & Spencer: Atacul cibernetic va şterge aproape o treime din profitul anual
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Financial Intelligence
Marks & Spencer: Atacul cibernetic va şterge aproape o treime din profitul anual; hackerii cibernetici au pătruns prin intermediul unui contractor terț
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G4Media
Un atac cibernetic la retailerul britanic Marks & Spencer va şterge aproape o treime din profitul anual / Atacul a fost calificat de companie drept ”extrem de sofisticat şi ţintit”
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independent.co.uk
UK retailer Marks & Spencer puts cyberattack cost at $400 million with disruptions ongoing
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France24
Cyberattack costs UK retailer Marks & Spencer £300 mn
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Business Magazin
Un lanţ de magazine are o pierdere de 300 de milioane de lire sterline în urma unui atac cibernetic
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Mediafax
Aproape 300 de milioane de lire sterline pierdute în urma unui atac cibernetic, anunță un mare lanț de magazine
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The Guardian EU
Cyber-attack cost Marks & Spencer £300m in lost sales, company results reveal

ȘTIRI PE ACELEAȘI SUBIECTE

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International
The cyber attack on Jaguar Land Rover affects the British economy by £1.9 billion, halting production for a month and impacting 5,000 organizations.
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International
Jaguar Land Rover reported losses of 485 million pounds in the second quarter. The company was affected by a cyber attack that cost the company nearly 200 million pounds.
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International
Car production in the United Kingdom fell by 27% in September, affected by a major cyber attack on Jaguar Land Rover, causing losses of 1.9 billion pounds.
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Current Affairs
MANGO informs clients about a security incident, stating that the compromised personal data is limited and that banking data has not been affected.
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Current Affairs
The data of clients of JPMorgan Chase, Citi, and Morgan Stanley would have been compromised in a cyber attack on the provider SitusAMC.
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IT&C knowledge
A disruption of Microsoft services has affected sites such as Heathrow, NatWest, and Minecraft, causing access issues for users globally.
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Marks & Spencer Loss cyber attack operating profit

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Current Affairs
Yesterday 18:19

On Wednesday evening, hundreds of people are protesting for the independence of the judiciary, demanding legislative changes and the resignation of the CSM leadership.

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