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

Ana-Maria Tapescu

22 May 2025, 06:07

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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

Marks & Spencer: Atacul cibernetic va şterge aproape o treime din profitul anual

Financial Intelligence

Marks & Spencer: Atacul cibernetic va şterge aproape o treime din profitul anual; hackerii cibernetici au pătruns prin intermediul unui contractor terț

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”

independent.co.uk

UK retailer Marks & Spencer puts cyberattack cost at $400 million with disruptions ongoing

Cyberattack costs UK retailer Marks & Spencer £300 mn

Business Magazin

Un lanţ de magazine are o pierdere de 300 de milioane de lire sterline în urma unui atac cibernetic

Aproape 300 de milioane de lire sterline pierdute în urma unui atac cibernetic, anunță un mare lanț de magazine

The Guardian EU

Cyber-attack cost Marks & Spencer £300m in lost sales, company results reveal

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Marks & Spencer Loss cyber attack operating profit

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