Finance News – Cyber Attack
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Live: Qantas CEO breaks silence on cyber attack, ASX set to rise after Wall St rally
The recent cyber incident involving Qantas has raised concerns about operational costs, while optimism from record gains on Wall Street is likely contributing to a positive start f...
Read Full Article →Live: Microsoft axing jobs in Australia, while Wall Street rises on Trump-Vietnam trade deal
Microsoft’s decision to reduce its global staff by four percent, including roles in Australia, highlights ongoing corporate cost adjustments amid evolving international trade devel...
Read Full Article →M&S should be 'fully online' within four weeks, says boss
The company's rapid transition to a fully digital platform aims to mitigate the anticipated £300 million profit decline caused by the recent cybersecurity breach.
Read Full Article →M&S: Shares in FTSE 100 firm to hit 10-year high, say analysts
Following the company’s recent annual performance report, experts anticipate a significant increase in M&S stock value, potentially reaching levels not seen in the past decade desp...
Read Full Article →M&S boss Machin’s pay jumped 39% to £7.1mn ahead of cyber attack
The company’s leader received a substantial salary increase to £7.1 million, reflecting strong prior performance despite anticipated reductions following the recent cybersecurity i...
Read Full Article →M&S undone by old-fashioned con: how retailer’s cyber hell unfolded
The cyberattack, originating from a third-party vendor’s security breach, resulted in significant operational disruptions for the retailer, potentially leading to considerable fina...
Read Full Article →Marks and Spencer expects £300mn profit hit from cyber attack
The recent cyber incident has caused sustained operational challenges for the UK retailer, leading to a projected financial impact estimated at around £300 million in lost earnings...
Read Full Article →M&S: Cyber attack to hit profit by £300m
Marks and Spencer anticipates a substantial reduction in this year’s earnings due to a recent cyber incident, although the financial impact may be partly offset by cost controls, i...
Read Full Article →Shareholders eye more details on M&S cyber attack impact
Investors anticipate that the upcoming financial report will provide clarity on how the recent cyber incident has affected Marks & Spencer's revenue and overall business operations...
Read Full Article →Cryptocurrency platform warns of $400m hit from cyber attack
A major digital currency exchange has experienced a security breach that may result in a substantial financial loss estimated at approximately $400 million.
Read Full Article →Coinbase's cyber attack could cost it $400 million
The recent security breach at Coinbase may result in financial liabilities ranging from $180 million to $400 million, prompting a notable decline in the company’s stock value durin...
Read Full Article →Leading crypto firm Coinbase faces up to $400m hit from cyber attack
Coinbase could experience substantial financial losses due to a cyber breach in which attackers allegedly acquired user data by bribing company staff members.
Read Full Article →Cyber attack: Coinbase warns of $400m hit after data breach
Coinbase revealed that a recent cyber intrusion affecting a limited number of user accounts may result in financial losses ranging from $180 million to $400 million, impacting its...
Read Full Article →The Capitalist: This isn’t just blackmail, it’s M&S blackmail
Marks & Spencer is expected to file a substantial insurance claim potentially valued around £100 million to mitigate financial damages caused by a recent cyber attack affecting its...
Read Full Article →Co-op: All forms of payment now working after cyber attack
The recent cyber incident disrupted transactions across nearly 2,400 locations, impacting revenue flow, but restoration efforts are now enabling normal payment processing and expec...
Read Full Article →M&S will ‘need to go on a charm offensive’ to win customers back
The recent cyber incident has led to a substantial decline in Marks and Spencer’s market valuation, highlighting potential challenges in regaining consumer confidence and stabilizi...
Read Full Article →Co-op cyber attack affects customer data, firm admits, after hackers contact BBC
A recent cyber attack on the Co-op has raised concerns about customer data security, despite the company's earlier assertion that there was no indication of any data breach.
Read Full Article →Harrods latest retailer to be hit by cyber attack
The company temporarily limited online connectivity in its locations after experiencing a cyber incident, which could potentially impact its revenue and operational expenses.
Read Full Article →M&S: Police investigate cyber attack as FTSE 100 shares stall
The investigation into the cyber attack on Marks & Spencer has led to operational disruptions, potentially impacting investor confidence and share performance in the FTSE 100.
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