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British retailer Marks&Spencer's profits almost wiped out after cyber hack left shelves empty (www.bbc.com)

submitted 1 month ago* (last edited 1 month ago) by randomname@scribe.disroot.org to c/unitedkingdom@feddit.uk

5 comments fedilink hide all child comments

Friendly reminder that 1.5% of European Nato countries' GDP is earmarked for non-military defense like cyberattacks, disinformation campaigns, ...

...

The hack was "an extraordinary moment in time," it said, as it revealed statutory profit before tax - a figure that reflects all costs for a period - slumped 99% from £391.9m to £3.4m for the first half of the year, compared with the year prior.

As well as disrupting its online business, the hack affected M&S in-store too, leaving some shelves bare in the weeks after it was targeted.

...

top 5 comments

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[–] als@lemmy.blahaj.zone 3 points 1 month ago (1 children)

Seems like a good time to remind people that M&S is overpriced and have supported Zionism since its inception

[–] Zombie@feddit.uk 6 points 1 month ago

Well that's something I didn't know about.

https://en.wikipedia.org/wiki/Joseph_Sieff

https://en.wikipedia.org/wiki/Israel_Sieff,_Baron_Sieff

Some reading for anyone else interested.

[–] Helix8o8@lemy.lol -2 points 1 month ago (2 children)

Eh the Gov will bail em out. Yaaaaargghhh!

[–] randomname@scribe.disroot.org 1 points 1 month ago

Who was the attacker?

[–] TheGrandNagus@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

Why would the government bail them out?

The government doesn't bail out retailers. Does Woolworths, Netto, and Wilko not ring a bell?

E: you're American, so they probably genuinely don't ring a bell.