Marks & Spencer (M&S) is currently facing significant stock shortages due to a cyberattack that has disrupted its operations. The attack has affected payment systems and caused the retailer to take some systems offline, leading to empty shelves in several stores. Cybersecurity experts note that M&S might require several days to restore normal functions as they thoroughly investigate the breach.
Key Points
- M&S has experienced stock shortages at some of its stores due to ongoing cybersecurity issues.
- The retailer confirmed there are “pockets of limited availability” resulting from precautionary system outages.
- A hacking group linked to the attack, named Scattered Spider, is believed to have connections to British and American teens.
- M&S has suspended online orders while combatting the cyber incident, which has already impacted its financial standings.
- Security experts suggest that the investigation may delay the company’s return to normal operations for several days.
Why should I read this?
If you’re a regular M&S shopper or curious about the impact of cyberattacks on big retailers, this article gives you a glimpse into the chaos that can unfold. The situation highlights not only the vulnerability of major brands but also raises questions about data security and continuity of service in today’s digital age. Plus, who doesn’t want to be in-the-know about a major retail crisis?