Britain’s Co-op says cyberattack cost it $108 million

Britain’s Co-op Group said on Thursday disruption caused by a cyberattack in April cost it 80 million pounds ($108 million) of operating profit in its first half, dragging it to a loss.

The 181-year-old Co-op, which runs a food retail business and also has funeral care, legal and insurance businesses, said the attack meant it lost 206 million pounds of revenue over the six months to July 5.