M&S: Shares in FTSE 100 firm to hit 10-year high, say analysts Retail Shares in Marks and Spencer (M&S) have been tipped to rocket to their highest valuation in ten years in the wake of the FTSE 100 giant battling a major cyber attack. Off the back of the British icon’s full-year results, analysts are predicting that shares in M&S will rise to more than 420p each. The [...]
M&S: FTSE 100 share price growth helps swell CEO’s pay before cyber attack Retail The rise in Marks & Spencer’s (M&S) share price before the FTSE 100 giant was hit by a major cyber attack has helped its chief executive’s pay swell to more than £7m, it has been revealed. Stuart Machin took home just over £7m for the retailer’s latest financial year, up from the £5m he received [...]
M&S to make £100m cyber claim from Allianz and Beazley Retail Marks and Spencer is preparing to claim as much as £100m from its cyber insurance policy, following a major cyber attack that disrupted operations and led to the theft of some customer data. The UK retailer admitted for the first time on Tuesday that personal information, including customer contact details, dates of birth, and online [...]
M&S: FTSE 100 shares rise after major cyber attack update May 13, 2025 Marks and Spencer’s (M&S) share price has risen as investors breathed a sigh of relief that hackers haven’t accessed ring-fenced bank details, although the cyber attack remains ongoing. The FTSE 100 retail giant told markets this morning that some customer data was stolen during the attack, but that the data does not include useable payment [...]
M&S: Police investigate cyber attack as FTSE 100 shares stall April 30, 2025 The ongoing cyber attack on Marks & Spencer (M&S) is being investigated by the Metropolitan Police as the FTSE 100 retailer and its customers continue to face major disruption. Officers from the force’s cyber crime unit are looking into reports a hacking group known as Scattered Spider may have carried out the attack. When it [...]
The Co-op fights attempted hack as M&S cyber attack rages on April 30, 2025 The Co-op has been forced to shut off parts of its IT systems after it was confronted with an attempted hack. The Manchester-headquartered group has confirmed some of its back office and call centre services have been impacted. However, it added that all its stores, including grocery and funeral homes are trading as usual. A [...]
M&S: FTSE 100 shares start recovery after near-£700m cyber attack hit April 29, 2025 Shares in Marks and Spencer (M&S) have risen for the first time since a cyber attack wiped almost £700m off the FTSE 100 retailer’s valuation. M&S has seen its share price tumble from 411p to 383p in the last week after first revealing the cyber attack last Tuesday. The cyber attack initially impacted contactless payments [...]
M&S: FTSE 100 shares continue to drop after cyber attack April 28, 2025 Marks and Spencer’s (M&S) share price has fallen more than three per cent in early trades this morning as the effects of a cyber attack last week rage on. The FTSE 100 retailer’s share price has fallen by nearly nine per cent since it announced the attack in a statement to the London Stock Exchange [...]
M&S: FTSE 100 shares slump as online orders stopped April 25, 2025 Shares in FTSE 100 giant Marks and Spencer (M&S) slumped this afternoon as the retailer stopped taking online orders because of an ongoing cyber attack. The London-listed company confirmed earlier this afternoon that it had made the decision not to take any more orders through its website and app because of the cyber attack – [...]
M&S stops taking online orders as cyber attack rages on April 25, 2025 Marks and Spencer (M&S) has stopped taking orders through its website and app as its battle against a cyber attack rages on. The company added that some of its international websites have also paused taking orders. The FTSE 100 retailer had previously said the incident, which was disclosed to the public on Tuesday, had impacted contactless [...]