google-site-verification: googlec7193c3de77668c9.html

M&S website down – hours after financial impact of ransomware attack revealed | Money News

Skynews m and s marks and spencer 6923742.jpg

The M&S website is down – hours after the retailer revealed it’s facing a £300m hit to profits following last month’s ransomware attack.

A holding page told customers that they are currently unable to browse the site, adding: “We’re making some updates and will be back soon.”

Online purchases have been suspended since the incident on 22 April, and it may be a couple of weeks before services are partially restored.

Sky News understands that the maintenance is routine.

Please use Chrome browser for a more accessible video player

Who is behind M&S cyberattack?

M&S recently warned that disruption to its operations could last into July, but chief executive Stuart Machin says the retailer is “on the road to recovery”.

It is widely believed the retailer fell victim to Scattered Spider, a hacking group that has also been linked to similar attacks targeting The Co-op and Harrods.

Last week, M&S also admitted personal data belonging to some of its customers has been stolen – but the company stressed this didn’t include “usable payment or card details”.

Passwords were also not affected, but there are reports that contact details such as names, addresses and phone numbers was taken.

An M&S in Aberdeen. Pic: SponPlague
Image:
Empty shelves were seen in stores in the immediate aftermath of the cyberattack. Pic: SponPlague

The company’s valuation has plunged by more than £1bn as the fallout deepens.

“This incident is a bump in the road, and we will come out of this in better shape, and continue our plan to reshape M&S for customers, colleagues and shareholders,” Mr Machin told analysts on Wednesday.


Source link

Views: 0

See also  Budget 2025: What is a freeze on income tax thresholds - and will you pay more? | Politics News

Check Also

EasyJet agrees in principle to rival £5.7bn takeover bid from US company

No-frills airline EasyJet says it has agreed in principle to a £5.7bn takeover proposal from …

Why has the price of a fish and chips dinner gone up?

Around 7,210 fish and chip shops operate across the UK, according to industry body Seafish. …

Hull drivers urged to shop around amid 11p fuel gap

Drivers are missing out on savings because many are not using fuel price comparison tools, …

Leave a Reply

Available for Amazon Prime
Buy pain killer,buy percocet no prescription,buy co codamol.