It follows the company — which has more than 1,400 stores worldwide and made a profit before tax last year of £672 million ($896 million) — announcing on Friday that it was pausing all online shopping three days after it initially announced it was managing a cyber incident. British retailer Marks & Spencer (M&S) has told hundreds of workers not to turn up at its main warehouse distribution centers as it continues to respond to a cyberattack. M&S shares dropped 2% on Monday morning, compounding a 6% drop last week following its notification of the cyberattack to the London Stock Exchange. The company said: “Our experienced team — supported by leading cyber experts — is working extremely hard to restart online and app shopping. In its latest statement, issued Friday, the retailer said it was “truly sorry for this inconvenience” but told customers its stores remained open. It is understood that shifts have only been cancelled for agency staff, who comprise about 20% of the warehouse workforce, and not full-time M&S employees.
This Cyber News was published on therecord.media. Publication date: Mon, 28 Apr 2025 12:40:03 +0000