The M & S Cyber ​​crisis is almost 700 mn of retail assessment

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Suspicious cyber attack, as FTSE 100 retailer battles, almost a week to restore the operations in FTSE 100 retail sales of 700 mn pounds worth £ 700 mn was erected.

M & S On Monday, some customers said the incident did not know how much time would it take to force the clothes and housekeeping to accept the orders of clothing and home equipment last week.

Meanwhile, in Leicestershire in the main online distribution center of the MOCE online distribution center, there were information about 200 agencies to stay at home because there are fewer orders to perform. The sales of M & S online clothing and household items were £ 1.27 billion, which is average 3.5 mn per day

The shares of M & E fell on Monday morning, this was the first Tuesday to 7 percent from today to 7 percent. The market value of the M & S fell to £ 678 million at that time.

Peracender struggled to process unnapable payments and stopped clicks and collection orders in stores. Some stores no longer accept product return.

The chaos threatens to break a return next to the Chief Executive Stuart Machine. Last year, 716.4 mn, the pre-tax profit of pre-tax interests amounted to 216.4 million.

Cyber ​​security Experts have signs of a ransom attack on the Episode in M ​​& S, where cyber criminals steal information from a company or locking the IT systems in exchange for cash.

Andrew Northage, a partner of the law firm Walker Morris, who has experience in the cyber security law, said: “You can’t rule out that this is something else …. It looks like a cyber attack.” He added that the M & s attacked why and “What are bad actors seeking – is this ransom?”

M & S is one of several retailers that this is a significant violation of this delay. Christmas sales in the supermarket chain WM Morrisons, was broken in a bad way by a cyber attack last year and was attacked by both curry and JD sports customer information.

M & S, last week, customers did not “need to move,” he said he believed his information was safe. The company refused to provide an update on the situation on Monday.

An analyst in the investment, M & S clients live “Very short-term frustration”, the cyber attack will not damage the company’s brand for a long time.

However, Falvert was added, rivals will now earn from the problems of M & S. “If you want to go on vacation and you will not get them from the M & S, you will get them somewhere else.”

M & S reported the office of information commissars and works with the National Cyber ​​Security Center to respond to violation. All organizations are aware of an incident in 72 hours in 72 hours in 72 hours.