Summary
Marks and Spencer (M&S), a major UK retailer, has been dealing with a serious cyber attack for over a week. The attack has affected M&S's online ordering systems and in-store operations, leading to lost sales and a decrease in share price.
Key Facts
- M&S has been affected by a significant cyber attack for over a week.
- The attack has disrupted the company's online orders and in-store services.
- M&S is working with the National Cyber Security Centre and the Information Commissioner’s Office on this issue.
- The cyber attack has caused M&S to lose millions of pounds due to lost sales.
- The exact nature of the attack and who is responsible is still unknown.
- Some cybersecurity experts believe the attack likely involves ransomware.
- Ransomware is a type of malicious software that blocks access to a computer system until a sum of money is paid.
- Speculation suggests a group called Scattered Spider might be behind the attack, however, there's no solid proof yet.
- M&S has not shared any details about whether customer information has been affected.
