Marks & Spencer (M&S)

Marks & Spencer (M&S)

Marks & Spencer (M&S), a major British retailer, suffered a **cyberattack attributed to the ScatteredSpider hacking group**, resulting in **widespread outages across its physical stores and online platform**. The attack disrupted core business operations, leading to **significant revenue loss** due to downtime in both in-store and digital sales channels. The incident also triggered a **7% drop in M&S’s share price**, translating to millions in financial losses from lost transactions, operational halts, and reputational damage. The attack leveraged **ransomware tactics**, holding the retailer’s systems hostage and directly impacting customer-facing services—a critical vulnerability for businesses reliant on continuous revenue streams. Security experts highlight the **high cost of operational downtime in retail**, amplifying the attackers’ leverage for extortion. While the full scope of data compromise remains undisclosed, the disruption underscores the **severe financial and reputational risks** posed by targeted cyber incidents in the sector. The NCSC and cybersecurity leaders have warned that such attacks are increasingly sophisticated, exploiting AI-driven social engineering to breach networks, with retailers being prime targets due to their vast customer data repositories.

Source: https://www.techradar.com/pro/security/three-massive-uk-retailers-have-been-hit-by-cyber-attacks-this-week-so-whats-going-on

TPRM report: https://www.rankiteo.com/company/marks-and-spencer

"id": "mar855090225",
"linkid": "marks-and-spencer",
"type": "Ransomware",
"date": "5/2025",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"
{'affected_entities': [{'industry': 'Retail',
                        'location': 'United Kingdom',
                        'name': 'Harrods',
                        'type': 'Luxury Department Store'},
                       {'industry': 'Retail',
                        'location': 'United Kingdom',
                        'name': 'Marks & Spencer (M&S)',
                        'type': 'Retailer'},
                       {'industry': 'Retail',
                        'location': 'United Kingdom',
                        'name': 'Co-Op',
                        'type': 'Supermarket Chain'}],
 'attack_vector': ['Social Engineering',
                   'Unauthorized System Access',
                   'Potential Ransomware'],
 'customer_advisories': ['Update passwords and monitor financial activity for '
                         'signs of fraud.',
                         'Watch for scams exploiting recent breaches.'],
 'description': 'Three major British retailers—Harrods, Marks & Spencer (M&S), '
                'and Co-Op—have been hit by cyberattacks in quick succession. '
                'The M&S incident is allegedly linked to the ScatteredSpider '
                'ransomware group, causing widespread outages in stores and '
                'online platforms. Harrods restricted internet access at its '
                'sites following an attempt to gain unauthorized access, while '
                'Co-Op took down parts of its IT systems proactively. The '
                'attacks highlight the vulnerability of the retail sector, '
                'with high downtime costs and potential revenue losses (e.g., '
                "M&S's share price dropped 7%, resulting in millions in lost "
                'sales). Security experts warn of rising threats due to '
                'AI-enabled social engineering and adaptive malware, urging '
                'retailers to implement robust incident response plans, '
                'endpoint protection, and staff training.',
 'impact': {'brand_reputation_impact': 'Potential long-term damage due to '
                                       'public disclosure and operational '
                                       'disruption',
            'downtime': 'Widespread outages (M&S, Co-Op); internet access '
                        'restricted (Harrods)',
            'financial_loss': 'Millions (e.g., M&S share price dropped 7%)',
            'operational_impact': 'High (retail operations disrupted, revenue '
                                  'generation affected)',
            'revenue_loss': 'Significant (millions in lost sales for M&S)',
            'systems_affected': ['Store Systems',
                                 'Online Platforms',
                                 'IT Infrastructure']},
 'initial_access_broker': {'high_value_targets': ['Customer data',
                                                  'Operational systems']},
 'investigation_status': 'Ongoing (no official link confirmed between '
                         'incidents; more details may emerge)',
 'lessons_learned': ['Retailers must assume they are targets and prepare '
                     'accordingly.',
                     'AI tools are accelerating the threat landscape, enabling '
                     'low-skilled attackers to launch sophisticated campaigns '
                     '(e.g., social engineering).',
                     'High downtime costs and customer data volumes make '
                     'retail a prime target.',
                     'Proactive measures (e.g., endpoint detection, staff '
                     'training, MFA) are critical.'],
 'motivation': ['Financial Gain', 'Disruption of Operations'],
 'post_incident_analysis': {'corrective_actions': ['Enhance endpoint '
                                                   'protection and detection '
                                                   'capabilities.',
                                                   'Implement MFA and staff '
                                                   'training programs.',
                                                   'Develop and test incident '
                                                   'response plans regularly.',
                                                   'Segment networks to limit '
                                                   'lateral movement by '
                                                   'attackers.'],
                            'root_causes': ['Potential exploitation of human '
                                            'vulnerabilities (e.g., social '
                                            'engineering).',
                                            'Lack of robust endpoint '
                                            'protection or detection tools in '
                                            'some cases.',
                                            'High-value target sector (retail) '
                                            'with critical operational '
                                            'dependencies.']},
 'ransomware': {'ransomware_strain': ['ScatteredSpider (alleged for M&S)']},
 'recommendations': ['Deploy endpoint protection and detection tools (e.g., '
                     'EDR).',
                     'Implement multi-factor authentication (MFA) for '
                     'administrative access.',
                     'Develop and rehearse incident response plans with clear '
                     'communication protocols.',
                     'Train staff to recognize phishing and social engineering '
                     'attacks.',
                     'Monitor financial activity and update passwords (for '
                     'consumers).',
                     'Assume breaches will occur and prepare for rapid '
                     'response and recovery.'],
 'references': [{'source': 'TechRadar Pro'},
                {'source': 'SonicWall (Spencer Starkey, Executive VP of EMEA)'},
                {'source': 'National Cyber Security Centre (NCSC) - Dr. '
                           'Richard Horne'},
                {'source': 'Ex-NSA Cyber Chief - Cody Barrow'}],
 'response': {'containment_measures': ['Restricted internet access (Harrods)',
                                       'IT systems taken down (Co-Op)'],
              'enhanced_monitoring': ['Security teams advised to deploy '
                                      'endpoint protection software']},
 'stakeholder_advisories': ["Security teams urged to be 'ultra vigilant.'",
                            "NCSC warns attacks should serve as a 'wake-up "
                            "call' for all organizations.",
                            'Experts recommend presuming targeting is '
                            'inevitable and preparing accordingly.'],
 'threat_actor': ['ScatteredSpider (alleged for M&S)'],
 'title': 'Cyberattacks on British Retailers: Harrods, Marks & Spencer, and '
          'Co-Op Targeted in Suspected Ransomware Campaign',
 'type': ['Cyberattack', 'Suspected Ransomware']}
Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.