Cyber attack HALVED Marks & Spencers' profits causing a whopping £324million in lost sales

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Marks & Spencer Suffers Major Profit Loss from April Cyber Attack Marks & Spencer (M&S) reported a 55.4% decline in underlying pre-tax profits due to a cyber attack in April 2025, which led to a seven-week suspension of online orders. The total cost of the incident is estimated at £136 million, significantly impacting both online and in-store sales. 3 sources 24