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Cyber attack on Marks & Spencer costs £300 million, disrupting online sales and store stock.
Marks & Spencer (M&S) faces a £300 million hit to its profits due to a cyber attack that began in April, disrupting its online services and causing empty shelves in stores.
The attack, linked to the hacking group Scattered Spider, impacted customer data and forced M&S to suspend online orders.
Recovery is expected to continue until July, but the company aims to mitigate costs through insurance and other measures.
Despite the attack, M&S reported a 22.2% increase in pre-tax profits for the year to March.
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El ataque cibernético a Marks & Spencer cuesta 300 millones de libras, interrumpiendo las ventas en línea y el stock de la tienda.