UK $10 Billion Retail Giant Marks & Spencer (M&S) Reports Cyberattack Will Cost $402 Million in Lost Profit Due to Disruption to Online Services Till 2025 July, Hackers Tricked 3rd-Party Contractor Employees to Gain Access to Marks & Spencer Systems, Founded in 1884 by Michael Marks & Thomas Spencer, Current Market Value at $10 Billion, Share Price -0.9% YTD, +33.3% Last 12 Months & +306.3% Last 5 Years
22nd May 2025 | Hong Kong
UK retail giant Marks & Spencer (M&S) with $10 billion market value has reported the cyberattack will cost $402 million in lost profit due to disruption to online services till 2025 July. Hackers had tricked 3rd-party contractor employees to gain access to Marks & Spencer systems. Marks & Spencer was founded in 1884 by Michael Marks & Thomas Spencer. Marks & Spencer current market value is at $10 billion, with share price -0.9% YTD, +33.3% last 12 months & +306.3% last 5 years. Profile – At M&S, we’re dedicated to being the most trusted retailer, prioritising quality and delivering value. Every day, we bring the magic of M&S to our customers, whenever, wherever and however they want to shop with us. For over a century, we’ve set the standard, doing the right thing and embracing innovation. Today, with over 65,000 colleagues serving 32 million customers globally, we’re putting quality products at the heart of everything we do. Tomorrow holds boundless opportunities with us. We’re pioneering digital innovation and shaping the future of retail where our values drive every action. We stay close to customers and colleagues, always curious and connected. Our decisions are bold, our actions ambitious. Transparency is paramount, with straightforward, honest communication. We’re constantly innovating, always striving for the best. Our focus is on aiming higher and winning together, combined with wise financial decisions to secure our future.
“ UK $10 Billion Retail Giant Marks & Spencer (M&S) Reports Cyberattack Will Cost $402 Million in Lost Profit Due to Disruption to Online Services Till 2025 July, Hackers Tricked 3rd-Party Contractor Employees to Gain Access to Marks & Spencer Systems, Founded in 1884 by Michael Marks & Thomas Spencer, Current Market Value at $10 Billion, Share Price -0.9% YTD, +33.3% Last 12 Months & +306.3% Last 5 Years “
UK $10 Billion Retail Giant Marks & Spencer (M&S) Reports Cyberattack Will Cost $402 Million in Lost Profit Due to Disruption to Online Services Till 2025 July, Hackers Tricked 3rd-Party Contractor Employees to Gain Access to Marks & Spencer Systems, Founded in 1884 by Michael Marks & Thomas Spencer, Current Market Value at $10 Billion, Share Price -0.9% YTD, +33.3% Last 12 Months & +306.3% Last 5 Years
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