Reported about 17 hours ago
British retailer Marks & Spencer announced that a sophisticated cyberattack will cost it approximately £300 million ($403 million) in operating profit, with disruptions likely to extend into July. The attack has disrupted online operations, affected food availability, and led to a significant drop in stock market value. Despite the challenges, M&S CEO Stuart Machin expressed confidence in the company's resilience and commitment to recovery.
Source: YAHOO