Cost of M&S and Co-op cyber attacks up to £440m – CMC

The Co-op

Lost sales, supplier disruption, legal and IT costs all contributed to the figure

The total financial impact of the recent cyber attacks experienced by retailers Marks and Spencer (M&S) and Co-op is somewhere in the region of £270m to £440m, according to a report released by the Cyber Monitoring Centre (CMC).

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