UK unveils cyber security war chest after M&S and Co-op attacks Tech The UK government has launched a £16m war chest with the aim to accelerate growth in the country’s cyber security industry in the wake of high-profile attacks against the likes of M&S, the Co-op and Harrods in recent months. Unveiling the funding, the Department of Science, Innovation and Technology (DSIT) said the cyber growth action [...]
Exclusive: Cybersecurity investment fuels £27bn boost for UK firms Tech UK businesses are generating an estimated £27bn in additional revenue annually from investing in cyber security, according to exclusive findings shared with City AM by cyber security provider ESET. The research comes as a wave of cyber attacks continues to hit major organisations across the country, unveiling the commercial and operational stakes of digital security. [...]
Gone phishing: the rise of retail cyber crime in three charts Retail In the past month alone, cyber attacks have gone from occasional headlines to near-daily national news fixtures. Marks and Spencer’s, Co-op, Harrods – along with international names like Dior and Coinbase – have all recently fallen victim to cyber incidents. Retailers in particular have found themselves in the cross hairs, and while not every incident [...]
What happens when a cyber attack hits a business? May 26, 2025 Over the last two months, cyber attacks on household names have been lighting up the headlines across the UK, but what happens behind the scenes?
Cyber attacks: Co-op and Harrods ‘lacked insurance coverage’ May 23, 2025 Luxury retailer Harrods and the Co-op did not have cyber insurance policies in place when the retailers were hit by hackers last month
Are cyber attacks about to become the norm for British retailers? May 20, 2025 In the last month, cyber attacks have gone from a destructive but uncommon issue to the top of most Brit’s news feeds. Marks and Spencer’s, Co-op, Harrods – plus the international Dior and Coinbase – have all been the target of attacks in the last months, with more unsuccessful or smaller attacks likely to have [...]
Co-op: All forms of payment now working after cyber attack May 14, 2025 The Co-op has told its customers that all forms of payments are now working at its stores and online while stock levels should improve by this weekend. The Manchester-headquartered group, which operates almost 2,400 stores around the UK, said it is in “the recovery phase” after suffering a significant cyber attack which caused two weeks [...]
M&S admits hackers stole personal customer data in cyber attack May 13, 2025 M&S has told customers that some of their personal data was stolen during the serious cyber attack the company has been battling for three weeks. The retail giant said that the data does not include useable payment or card details, nor does it include account passwords. It said there is no need for customers to [...]
M&S, Co-op and Harrods attacks drive demand for cyber insurance May 12, 2025 Experts say recent cyber attacks on retail giants M&S, Co-op, and Harrods will prompt insurers to ask more questions about the security controls retailers have in place
Co-op breach a ‘stark reminder of why cash remains essential’ May 8, 2025 The disruption to card payments at Co-op stores last week is a warning to Brits on over reliance on digital payments, according to a leading consultancy firm. The Co-op shut down parts of its IT systems last week and suspended contactless payments at nearly 10 per cent of stores after detecting a potential breach. “The [...]