{"id":28223,"date":"2025-05-21T15:21:21","date_gmt":"2025-05-21T15:21:21","guid":{"rendered":"http:\/\/medexperts.pro\/?p=28223"},"modified":"2025-05-21T15:28:35","modified_gmt":"2025-05-21T15:28:35","slug":"british-retailer-ms-says-cyberattack-will-cost-it-400-million","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=28223","title":{"rendered":"British Retailer M&S Says Cyberattack Will Cost It $400 Million"},"content":{"rendered":"
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The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month.<\/p>\n

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Marks & Spencer<\/a>, one of Britain\u2019s largest retailers, said on Wednesday that disruption from a \u201chighly sophisticated\u201d cyberattack that crippled operations over the last month was expected to linger until July and would cost the company about 300 million pounds ($400 million) in lost profits this year.<\/p>\n

The breach, which emerged over the Easter weekend, has been costing the company millions of pounds a day after it had to pause online orders, staff had to resort to manual processes and food waste piled up.<\/p>\n

Some processes like food deliveries to stores are running smoothly again, but the company is still not taking online orders for clothing and home goods and customers cannot get access to its loyalty program. Online orders and related back-end operations will not fully return until July, the company said.<\/p>\n

\u201cThis has been a challenging time,\u201d Stuart Machin, the retailer\u2019s chief executive, said in a call with analysts on Wednesday.<\/p>\n<\/div>\n<\/div>\n

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\u201cWe\u2019re now focused on recovery and customers should be able to shop in our stores as normal,\u201d he said, adding that it would take several more weeks to restart online orders.<\/p>\n

Cyberattacks and other digital security breaches are relatively prevalent in Britain, disrupting stores, charities and hospitals. But even when they are contained or interrupted, the damage can last a long time as organizations slowly get processes back online and staff members are diverted from other priorities.<\/p>\n

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The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month.Marks & Spencer, one of Britain\u2019s largest retailers, said on Wednesday that disruption from a \u201chighly sophisticated\u201d cyberattack that crippled operations over the last month was expected to linger until July and would cost the company about 300 million pounds ($400 million) in lost profits this year.The breach, which emerged over the Easter weekend, has been costing the company millions of pounds a day after it had to pause online orders, staff had to resort to manual processes and food waste piled up.Some processes like food deliveries to stores are running smoothly again, but the company is still not taking online orders for clothing and home goods and customers cannot get access to its loyalty program. Online orders and related back-end operations will not fully return until July, the company said.\u201cThis has been a challenging time,\u201d Stuart Machin, the retailer\u2019s chief executive, said in a call with analysts on Wednesday.\u201cWe\u2019re now focused on recovery and customers should be able to shop in our stores as normal,\u201d he said, adding that it would take several more weeks to restart online orders.Cyberattacks and other digital security breaches are relatively prevalent in Britain, disrupting stores, charities and hospitals. But even when they are contained or interrupted, the damage can last a long time as organizations slowly get processes back online and staff members are diverted from other priorities.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":28225,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-28223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/28223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28223"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/28223\/revisions"}],"predecessor-version":[{"id":28226,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/28223\/revisions\/28226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/28225"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}