M&S says April cyberattack caused by 'sophisticated impersonation' of third-party
Marks & Spencer Group Plc has estimated the cyberattack will deal a £300m (€347.2m) blow to operating profit. File photo
The cyberattack that derailed Marks and Spencer Group Plc’s operations for weeks was the result of a “sophisticated impersonation” of one of the retailer’s third-party users, according to Chairman Archie Norman.
The hackers entered M&S’s systems on April 17 and the company detected them two days later, Norman told members of the UK Parliament’s business and trade committee on Tuesday. That triggered a “traumatic” period, with the cyber team getting barely any sleep as they grappled with the fallout, he said.
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