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The Co-op’s 2025 update reveals a cyber attack disrupted operations, caused data breaches, and worsened financial struggles.
The Co-operative Group is set to release its first 2025 financial update, detailing the impact of a major April cyber attack that disrupted operations, caused empty shelves, and compromised personal data—including names, addresses, and contact info—of all 6.5 million members.
The breach led to temporary IT system shutdowns, though ransomware was blocked.
The incident worsened existing financial pressures from rising costs, shoplifting, and higher national insurance, with £200 million in projected 2025 expenses.
Despite a 1.5% revenue increase last year, recent data shows a 2% sales decline over 12 weeks ending September 7 and a loss of grocery market share.
The attack was part of a broader wave affecting UK retailers, including Marks & Spencer, which reported a £300 million loss.
The full financial toll of the Co-op’s breach remains undisclosed.
La actualización de Co-op's 2025 revela que un ataque cibernético interrumpió las operaciones, causó violaciones de datos y empeoró las dificultades financieras.