M&S: FTSE 100 retail giant resumes online orders after cyber attack June 10, 2025 Marks and Spencer has resumed online orders six weeks after a cyber attack forced it to pause e-commerce operations. On its website, M&S said that customers “can now place online orders for home delivery to England, Scotland and Wales”, while deliveries to Northern Ireland will restart in the coming weeks. In a Linkedin post, managing [...]
M&S: Shares in FTSE 100 firm to hit 10-year high, say analysts June 6, 2025 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 [...]
Mastercard: Fraud attempts jump as retailers feel cyber attack sting June 3, 2025 The head of artificial intelligence at Mastercard said the payment giant had seen a surge in fraud attempts, which follows a string of cyber attacks on major retailers. Greg Ulrich, chief data and AI officer at Mastercard, told City AM the payments network is “attacked perpetually” by fraudsters. The payments network recorded a 40 per [...]
Gone phishing: the rise of retail cyber crime in three charts June 2, 2025 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 [...]
M&S: FTSE 100 share price growth helps swell CEO’s pay before cyber attack June 2, 2025 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 [...]
A third of UK fintechs put customers data at risk of cyber attack May 29, 2025 UK fintechs are putting thousands of customers in jeopardy by leaving themselves vulnerable to a cyber attack, shocking new research reveals. Nearly 800 firms’ digital presence was analysed by the ethical hacking platform Ethiack as it scrutinised their cybersecurity. Four in ten fintechs were found to be giving hackers a “powerful headstart” by revealing software [...]
Adidas hit in yet another UK retail data breach May 27, 2025 Adidas has confirmed a cyber attack that exposed the personal data of customers who contacted its help desk, adding the German sportswear giant to a growing list of major retailers hit by recent cybersecurity incidents. The breach, disclosed on 23rd May, involved unauthorised access to a third party customer service provider, through which attackers were [...]
Fintech hiring to boom after cyber attack carnage May 27, 2025 UK fintech is set for another shot of momentum after a series of cyber attacks on top retailers exposed a need for greater security expansion. Hiring in the industry is projected to increase 32 per cent in 2025 as risk and compliance becomes crucial amid surges in financial crime. Marks and Spencer suffered a near-£700m [...]
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
Palo Alto rallies on M&S hacks, but earnings fail to woo investors May 22, 2025 A spate of high profile cyber incidents on British retailers, including Co-op, Harrods, and most notably, Marks and Spencer, has placed cybersecurity spend back in the limelight – and Palo Alto is reaping the costs. Yet, investors are digesting a mix set of quarterly results revealed on Thursday. Ben Barringer, global tech analyst at Quilter [...]