Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300 million before action to offset the hit
The retailer has revealed that online sales and profits in its fashion, home and beauty business have been “heavily impacted”
National Crime Agency investigators said yesterday that they are looking at British hackers Scattered Spider
Customers have been unable to order online from the retailer for the past three weeks after being targeted by cyber criminals.
The Company said in a statement
“As a team, we have worked around the clock with suppliers and partners to contain the incident and stabilise operations, taking proactive measures to minimise the disruption for customers.”
“We are focused on recovery, restoring our systems, operations and customer proposition over the rest of the first half, with the aim of exiting this period a much stronger business.
