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Reading: M&S web site down – hours after monetary influence of ransomware assault revealed | Cash Information
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The Wall Street Publication > Blog > World > M&S web site down – hours after monetary influence of ransomware assault revealed | Cash Information
World

M&S web site down – hours after monetary influence of ransomware assault revealed | Cash Information

Editorial Board Published May 22, 2025
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M&S web site down – hours after monetary influence of ransomware assault revealed | Cash Information
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The M&S web site is down – hours after the retailer revealed it’s dealing with a £300m hit to income following final month’s ransomware assault.

A holding web page instructed prospects that they’re at present unable to browse the location, including: “We’re making some updates and will be back soon.”

On-line purchases have been suspended for the reason that incident on 22 April, and it could be a few weeks earlier than providers are partially restored.

Please use Chrome browser for a extra accessible video participant

1:21

Who’s behind M&S cyberattack?

M&S lately warned that disruption to its operations might final into July, however chief government Stuart Machin says the retailer is “on the road to recovery”.

It’s extensively believed the retailer fell sufferer to Scattered Spider, a hacking group that has additionally been linked to related assaults focusing on The Co-op and Harrods.

Final week, M&S additionally admitted private knowledge belonging to a few of its prospects has been stolen – however the firm burdened this didn’t embrace “usable payment or card details”.

Passwords have been additionally not affected, however there are experiences that contact particulars equivalent to names, addresses and telephone numbers was taken.

An M&S in Aberdeen. Pic: SponPlaguePicture:Empty cabinets have been seen in shops within the fast aftermath of the cyberattack. Pic: SponPlague

The corporate’s valuation has plunged by greater than £1bn because the fallout deepens.

“This incident is a bump in the road, and we will come out of this in better shape, and continue our plan to reshape M&S for customers, colleagues and shareholders,” Mr Machin instructed analysts on Wednesday.

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