Co-op says cyber attack cost it £206m in revenue
Summary
Earlier this year, Co-op faced a cyber attack that led to a revenue loss of at least £206 million. The attack affected their IT systems, causing payment issues, product shortages in stores, and theft of customer data.Key Facts
- The Co-op experienced a cyber attack in April 2025.
- The attack resulted in at least £206 million in lost revenue for the company.
- Hackers accessed Co-op's IT networks, causing system disruptions.
- There were payment problems, leading to a shortage of products in stores.
- Customer data was stolen during the attack.
- Co-op chair Debbie White acknowledged the attack caused significant issues.
- The company plans to rebuild and strengthen its systems to handle future challenges.
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