M&S shelves hit by shortages as retailer reels from cyberattack

Marks & Spencer (M&S) is facing difficulties in supply as it deals with the aftermath of a recent cyberattack. The company has confirmed that some stores are experiencing limited stock availability due to systems being taken offline for safety reasons.

Key Points

  • M&S stores are showing empty shelves due to a cyberattack disrupting supply chains.
  • Investigations suggest a hacking group, Scattered Spider, may be responsible for the attack.
  • The retailer has paused online orders while securing their systems.
  • Cybersecurity experts warn that it may take several days for M&S to resume normal operations.
  • It’s estimated this incident could lead to significant financial losses for M&S.

Why should I read this?

This article is crucial if you’re a regular M&S shopper or just curious about how cyberattacks can disrupt major retailers. With ongoing concerns about cybersecurity in the business world, M&S’s struggle offers insight into the significant effects these incidents can have on stock availability and company stability. Don’t let yourself be caught off guard—understanding these issues is key!

Source: The Independent