Marks and Spencer (M&S) has revealed it could lose up to £300 million in trading profits following last month’s ransomware attack, with operational disruptions expected to continue for months.
While the company plans to manage some costs to lessen the impact, disruptions to its operations are likely to last until July.
The cyberattack, linked to the hacker group Scattered Spider, has caused M&S’s online payment systems to remain offline. Partial website sales are expected to resume within a few weeks. Similar attacks targeted the Co-op and Harrods in late April. Both M&S and the Co-op confirmed that personal customer data, limited to names and contact details, were stolen, but payment information was not compromised.
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Hackers used a security flaw in Microsoft SharePoint to target more than 90 states and local government organisations in the United States, according to a U.S. group devoted to helping local authorities collaborate against hacking threats.
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
New US intelligence indicates Israel may be preparing to strike Iranian nuclear facilities amid stalled diplomatic talks led by the Trump administration.
Coinbase refused to pay a $20 million ransom after hackers accessed user data through bribed support agents. The breach could cost up to $400 million and affected around 97,000 users, prompting a strong company response and stock dip.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
McDonald's plans to significantly expand its investments in artificial intelligence by 2027, with India expected to play a central role in data governance, engineering, and platform development, a senior executive said on Friday.
U.S. President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for its fiscal fourth quarter, driven by robust growth in its cloud business.
The European Commission has said it does not view imposing network fees on major technology firms as a practical solution to the ongoing debate over funding the expansion of 5G and broadband infrastructure across the bloc.
Germany’s cabinet has approved a draft 2026 budget on Wednesday featuring record investments and a borrowing level nearly three times higher than last year’s, aiming to strengthen infrastructure and defence while efforts to revive growth.
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