Marks & Spencer is currently reeling from a cyber attack that has significantly disrupted its operations. The retailer is expecting a £300 million cost and lasting effects through July, leaving many stores with empty shelves and unfulfilled online orders.
Key Points
- The cyber attack has led to an estimated £300 million loss for M&S.
- Disruptions are expected to persist until July, affecting online and in-store sales.
- Some personal data of customers has reportedly been compromised, but payment details remain secure.
- The incident has left empty shelves in stores and paused all online transactions.
- A hacking group named DragonForce has reportedly claimed responsibility for the attack.
Why should I read this?
If you’re an M&S shopper or just interested in the state of retail security, this is definitely worth a glance. The implications of this cyber attack could shape how major retailers approach security moving forward, and M&S’s recovery strategy might just set a precedent for others. Plus, understanding the ongoing fallout can help you navigate your shopping plans if you’re eyeing M&S in the near future! We’ve done the legwork — no need for you to sift through the details yourself.
