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A cyber attack linked to human error and a third-party contractor cost Marks & Spencer £136 million, halting online sales for six weeks and slashing profits, though insurance and cost cuts helped recovery.
Marks & Spencer reported a £136 million financial impact from a cyber attack in April 2025 that disrupted online operations for six weeks, causing a 55.4% drop in underlying pre-tax profits to £184.1 million and nearly wiping out statutory profits to £3.4 million.
The breach, linked to human error and a third-party contractor, halted online sales, disrupted supply chains, and compromised customer data including names, email addresses, and birth dates.
The company recovered £100 million through insurance, reduced its initial loss estimate from £300 million, and is accelerating a £600 million cost-cutting plan.
Despite a 42.9% decline in online fashion and home sales, food sales rose 7.8%, and the company expects second-half profits to match the prior year, with full recovery by year-end.
Un ataque cibernético vinculado a un error humano y a un contratista externo costó a Marks & Spencer 136 millones de libras esterlinas, deteniendo las ventas en línea durante seis semanas y reduciendo las ganancias, aunque los seguros y los recortes de costos ayudaron a la recuperación.