Marks & Spencer is facing significant disruptions to its online operations after a cyber-attack over the Easter weekend, leading to issues with food deliveries to Ocado. The attack forced M&S to temporarily suspend all orders on its website and apps, impacting stock availability and contributing to a loss of over £500 million in market value. The retailer is working with cybersecurity experts to address the situation and reassure customers.
Key Points
- Cyber attack on M&S disrupted online operations, specifically deliveries to Ocado.
- All orders on M&S’s website and apps were halted due to the breach.
- M&S has incurred over £500 million in stock market losses since the attack.
- Retailer is working with cybersecurity experts to prevent further incidents.
- Physical stores remain operational, but online service disruptions have affected other sales areas.
Why should I read this?
If you’re into retail or e-commerce, this piece brings to light how cyber threats can ripple through supply chains. It’s a stark reminder why robust cybersecurity is non-negotiable in today’s digital landscape. Plus, you’ll want to stay informed on how big players like M&S tackle these challenges—could affect your shopping habits!