Marks & Spencer cyberattack to cost £300 million, disrupt online services
Wednesday, 21 May 2025 Marks and Spencer faces online service disruptions. A cyberattack will impact the operations until July. The retailer anticipates a potential loss of 300 million pounds. Customer data was compromised in the Easter ransomware attack. Online sales and in-store payments were suspended. Shares in Marks and Spencer fell after the announcement. Law enforcement is investigating the incident.
Retail expert Amna Khan says she believes Marks and Spencer customers will, in the long term, stick with the company as “trust can be rebuilt”. The British shop says the disruption caused by the cyber-attack could continue until July. Report by Blairm. Like us on Facebook at...
Wednesday, 21 May 2025
