💨 Abstract

Marks and Spencer (M&S) has experienced a cyberattack, leading to the suspension of online orders and the send-home of hundreds of agency staff. The incident, which began on Easter Monday, has lasted eight days and caused M&S shares to drop. Experts suggest it may be a ransomware attack, and the impact on revenue streams is significant. Retailers are becoming more targeted due to their combination of valuable customer data and complex systems.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖